A Typical Forfaiting Transaction Involves the Following Parties EXCEPT

question 60

Multiple Choice

A typical forfaiting transaction involves the following parties EXCEPT:

• A) importer.
• B) exporter.
• C) carrier.
• D) importer's Bank.

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Definitions:

Cash Inflows

Money received by a company from its various business activities, like sales, investments, and financing.

Initial Cost

Initial cost refers to the amount of money spent to acquire, or the cost associated with starting, an investment, project, or venture, including all necessary expenses to prepare the asset for its intended use.

Payback

The period of time required to recoup the funds expended in an investment, or how long it takes for an investment to reach a breakeven point.

Annual Cash Flows

The total cash that is generated and used by a business in one fiscal year.