Which of the following is the least risky for an importer?
A. Irrevocable letter of credit
B. Bank collection time draft
C. Open account
D. Cash in advance
Answer: C
You might also like to view...
What does the sleeper effect suggest about source credibility?
A) If a receiver is not paying attention, a message cannot be effective. B) Many people can learn the important parts of a message even when asleep. C) The effectiveness of a message will increase over time. D) The effectiveness of positive sources over less positive sources can be erased over time.
Of the customers that leave companies each year, approximately ________ % leave because of bad customer service
A) 10 B) 20 C) 40 D) 60 E) 80
Companies are learning that it is important to take a strategic approach to the management of public issues, both domestically and globally.
Answer the following statement true (T) or false (F)
Which of the following is not required for a valid financing statement?
A) Name of creditor B) Name of debtor C) Description of the property D) Both a and c E)?All of the above are required