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Exam (elaborations)
Business Btec Unit 5 C And D With 22 Questions And Answers
Business Btec Unit 5 C And D With 22 Questions And Answers
Exam (elaborations)
Business Btec Unit 5 C and D
PopularCash in Advance - --A bank transfer in Advance 
-May be used if cash is needed to produce good first 
 
-Letters of Credit - -Guarantees that banks issue on behalf of the customer wherein if the buyer doesn't pay on time, the bank will pay and then collect from the buyer. 
 
-open account - -export/import financing in which an exporter ships merchandise and later bills the importer for its value 
 
-consignment - --Payment is sent after the goods have been sold to the final customer 
-Contract ...