Which of the Following Is the Most Secure Method of Payment

question 80

Multiple Choice

Which of the following is the most secure method of payment for international transactions?

• A) Letters of credit
• B) Payment in advance
• C) Consignment
• D) Documentary collection
• E) Open account

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Definitions:

Service Quality

The perception of the degree to which a service meets the customer's expectations and needs, often assessed through factors like reliability, responsiveness, and empathy.

Credence Properties

Attributes of a product or service that are difficult or impossible for the consumer to evaluate even after purchase and consumption.

Geek Squad

A subsidiary of Best Buy, providing various tech support services from installation to repair for consumer electronics.

Credence Properties

Characteristics of a product or service that cannot be fully evaluated by the consumer even after purchase and use, requiring trust in the provider.