Which of the following completely eliminates the risk of nonpayment by an importer or a bank in an international transaction?
A) documentary credit (letter of credit)
B) documentary collection
C) cash in advance
D) sales on open account
E) draft
C
You might also like to view...
Connor, the manager of a shipping company, introduces a set of communications, activities, and facilities designed to change health-related behaviors in ways that reduce health risks and subsequent medical costs. The program aims at specific health risks, such as high blood pressure, high cholesterol levels, smoking, and obesity. Based on these offerings, Connor has introduced a(n)
A. preferred provider program. B. health maintenance organization plan. C. managed care program. D. employee wellness program. E. consumer-driven health program.
Kohlberg's theory of cognitive moral development proposes that as people age and mature, they move through the preconventional, postconventional, and principled stages of moral development.
Answer the following statement true (T) or false (F)
A salesperson should most likely review the benefits of the product before making price concessions to a buyer who engages in ________ tactics
A) budget limitation B) take-it-or-leave-it C) let-us-split-the-difference D) "if...then" E) "sell low now, make profits later"
A noncash investing activity should be disclosed in a note to the statement of cash flows or on a separate schedule.
Answer the following statement true (T) or false (F)