______ Is the Instrument Most Frequently Used as an International

question 7

Multiple Choice

______ is the instrument most frequently used as an international payment mechanism.

• A) Cash in advance
• B) Shipper's export declaration
• C) The bill of lading
• D) The draft
• E) The packing list

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Definitions:

Management Trainee

A management trainee is an individual in an entry-level position, undergoing training and performing tasks under supervision to learn the skills necessary for management positions.

Confidential Information

Sensitive data that is meant to be kept secret from unauthorized parties, including trade secrets, business strategies, and personal information.

Gratuitous Agents

Those who act on behalf of another without receiving any compensation for their services.

Subagent

A representative or agent appointed by another agent who also has the authority and responsibility to perform specific tasks on behalf of the original agent's principal.