A bank's undertaking to pay an exporter on behalf of ...
A bank's undertaking to pay an exporter on behalf of an importer is a
documentary credit
letter of credit
letter of hypothecation
bill of exchange
Correct answer is B
No explanation has been provided for this answer.
The printing of catalogs is one of the costs associated with the operation of ...
In which order are the following documents used? I. Enquiry II. Delivery note III. Order IV. I...
Which of the following would best be conveyed by rail transport ...
Which of the following is a function of employers’ associate? ...
Which of the following statement is true of preferred stockholders? ...
Which of the following documents is used when goods are sent on approval? ...
Which of the following towns was important to the trans-Saharan traders? ...
An insurance principle which prevents an insured from making profit when compensated is known as ...