Sales on Open Accounts Are

question 89

Multiple Choice

Sales on open accounts are

• A) very common as a method of payment in foreign trade.
• B) generally recommended when special merchandise is ordered by the buyer.
• C) not generally recommended when there is political unrest in the importer's country.
• D) recommended when the country of the importer imposes difficult exchange restrictions.
• E) less risky for the seller when it involves new buyers.

---

Definitions:

Reasoning

The process of thinking about something in a logical, rational way to form a conclusion or judgment.

Sets Of Premises

Groups of statements or propositions that provide the basis for a conclusion in an argument.

Conclusions

The end or finish of an event, process, or text, often involving a final judgment or decision based on reasoning or data analysis.

Racial Stereotypes

Oversimplified and generalized beliefs about a particular group of people based on their race.