A bank's undertaking to pay an exporter on behalf of ...
A bank's undertaking to pay an exporter on behalf of an importer is a?
documentary credit
letter of credit
letter of hypothecation
bill of exchange
Correct answer is D
No explanation has been provided for this answer.
The person who undertakes any risk in insurance business is known as ...
The fastest and most accurate means of passing information is ...
A factor in a business environment which increases the rate of product obsolescence is? ...
The type of securities that the stock exchange deals with are ...
In every simple contract, the price which is paid to purchase a promise is called ...
A person who invented a new machine for making beverages may protect his exclusive right by ...
The process whereby a firm buys over the assets and liabilities of another firm is known as? ...
The commercial term "Caveat emptor" means, Let the ...
A document which can be used for both internal and external trade is ...