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:

Pollen Grains

Microscopic structures that carry the male gametes of seed plants and are necessary for fertilization.

Phloem

Phloem is the living tissue in plants that transports the soluble organic compounds made during photosynthesis (notably sugars) to various parts of the plant.

Life Cycle

The series of stages through which an organism passes from the start of its life until it reproduces and starts the cycle anew.

Pine

A type of coniferous tree known for needle-like leaves and producing cones as part of its reproductive system.