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.
The concept that refers to the sale, transfer or exchange of goods and services is ...
Which of the following interest holders are settled first in case of a company's liquidation ...
A minor is not permitted to enter into a valid contract because he ...
A group of specialized functions of marketing is ...
Which of the following is not a means of payment in foreign trade? ...
Activities which fascilitates commerce include ...
Which of the following economic unions is made up of countries in West Africa only? ...
The total assets acquired for permanent use in a business concern is called? ...
An essential factor for evaluating the different sources of funds for a business is the? ...