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IEI301 Chap 11, Chap 12, Chap 15, Chap 16, Chap 17|184 Questions with 100% Correct Answers | Verified | Latest Update|2024|43 Pages
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The payment terms offered by exporters to foreign buyers are all of the following except: a. Cash in advance b. Consignment but negotiable note c. Open account d. Documentary collection - ️️b The following payment method could be risky for the seller: A.Cash in advance B.Irrevocable letter of credit C.Open account D.Bank collection time draft - ️️c Which of the following method is the least costly for a buyer? a. Cash in advance b. Negotiable note c. Open account d. Bank collection time draft - ️️c A time draft signed and stamped by a merchant is:
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IEI301
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iei301 chap 11 chap 12 chap 15 chap 16 chap 17
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