Which of the following is the least risky for an exporter?
A. Bank collection time draft
B. Revocable letter of credit
C. Irrevocable letter of credit
D. Cash in advance
E. Open account
Answer: D
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A Form 1041 must be filed by a trust that has $____________________or more gross income for the tax year.
Fill in the blank(s) with the appropriate word(s).
After the target audience for an advertising campaign has been identified and analyzed, marketers should then proceed by
A. creating the advertising platform. B. determining the financial resources available. C. defining the advertising objectives. D. developing a media plan. E. creating an advertising message.
The cost of debt financing results from ________
A) the decreased probability of bankruptcy caused by debt obligations B) the risk–return trade-off associated with ownership of a firm C) the costs associated with lenders having less information about a firm's prospects than investors and managers D) the agency costs of the lenders' monitoring and controlling a firm's actions
Sales of copyrights and patents are governed by:
A) the UCC. B) common law. C) federal statute. D) real estate law.