If Shipment Is Made Under a Forfaiting Draft, the Exporter

question 21

True/False

If shipment is made under a forfaiting draft, the exporter is paid once shipment has been made and the draft is presented to the importer for payment.

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Definitions:

External Control

The belief or perception that one's successes or failures result from external forces or the influence of others, rather than one's own efforts.

Feedback Control

A control that takes place after an action is completed.

Completed

The state of having finished or accomplished a task, project, or objective.

Central Question

The primary or core question that guides the focus of a research study, discussion, or project.