Which of the following is the most risky for an importer?
A. Irrevocable letter of credit
B. Cash in advance
C. Consignment
D. Bank collection time draft
E. Open account
Answer: B
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Patrick J. Robinson and his associates have identified eight stages in the business buying-decision process. This model is called the ________ framework
A) buygrid B) buying/selling C) seller-centered D) commercial E) buy-analysis
Which of the following types of compensation usually rewards the best performers?
A) straight commission B) straight salary C) trade allowance D) market development fund
Which of the following is not one of the federal statutes protecting wildlife?
A) The Migratory Bird Treaty Act B) The Wild Game Preservation Act C) The Wild Free-Roaming Horses and Burros Act D) The Fish and Wildlife Coordination Act E) The Fishery Conservation and Management Act
A promise made in return for an act or event that has not yet taken place is unenforceable
Indicate whether the statement is true or false