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 B
No explanation has been provided for this answer.
A cheque that is drawn in the name of a bank instead of the account holder's name is called? ...
To make a simple contract valid, the intention must be? ...
The creation of goods and services to satisfy human wants is referred to as? ...
In the long run, all factors of production are? ...
The development of a continer and a graphic design for a product is called? ...
A computer accessory through which information can be retrieved is the ...
which of the following is not the function of a small? retailer ...