A ____ is issued by the exporter's bank, ordering the importer's bank to pay for the merchandise.
A. license
B. letter of credit
C. bill of lading
D. draft
E. voucher
Answer: D
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Alvo's, a producer of candy, has decided to expand its operations geographically. Which of the following strategies should Alvo's use to achieve its objective?
A. Market penetration growth opportunity B. Diversification growth opportunity C. Market expansion growth opportunity D. Wholesale format development growth opportunity E. Retail format growth opportunity
An effective opening for a bad-news message
a. notes the date of the message being answered. b. expresses gratitude for the time the receiver took to write. c. provides an immediate answer to the receiver's request. d. makes a neutral comment related to the main idea.
Professional angels are ______________________.
a. independently wealthy retired or semiretired entrepreneurs or executives who often invest their personal capital in startups as a hobby. b. people who have already successfully started and operated their own businesses c. doctors, lawyers, dentists, accountants, consultants, and the like, who invest their savings and income d. usually former business executives looking to use their savings or current income to invest
Iris received a discharge under a Chapter 7 bankruptcy. She cannot receive another discharge under Chapter 7 for at least A) six years after the prior filing
B) eight years after the prior filing. C) ten years after the prior discharge. D) She cannot file another Chapter 7, but could file a Chapter 11 or 13 bankruptcy.