Which of the Following Payment Terms Provides the Exporter with the Greatest

question 59

Multiple Choice

Which of the following payment terms provides the exporter with the greatest degree of protection?

• A) letters of credit
• B) consignment
• C) prepayment
• D) drafts (sight/time)

---

Definitions:

Dermatitis

An inflammation of the skin characterized by redness, itching, and in some cases blistering or scaling.

Herpes Simplex

A medical condition characterized by an eruption of one or more groups of vesicles on the lips or genitalia.

A Virus

A microscopic infectious agent that can replicate only inside the living cells of an organism, causing various diseases.

Sweat Glands

Specialized glands in the skin responsible for the production of sweat, aiding in temperature regulation and waste excretion.