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 Manager, Afribank, Lagos. Please pay to Great Nigeria Insurance Company, from my account, a s...
Which of the following is a declaration by the captain of a ship as to the cargo on board? ...
Foreign trade is concerned with ...
An aspect of commerce that facilitates the distribution of products is? ...
Which of the following is not used by the Central Bank to restrict lending by commercial banks? ...
Which of the following is mostly used by a mail order business to sell goods ...
Which of the following indicates the manufacturer from whom goods are to be bought? ...
Patent Right gives the owner the exclusive right to? ...
The temporary insurance certificate issued to the insured before drawing up a policy is a? ...