Exporters Who Require Guarantee of Payment Will Ask For

question 114

Multiple Choice

Exporters who require guarantee of payment will ask for:

• A) Trade acceptances
• B) Bankers' acceptances
• C) An irrevocable letter of credit
• D) None of the above

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Definitions:

Compulsions

Repetitive behaviors or mental acts that an individual feels driven to perform in response to an obsession or according to rigidly applied rules.

Obsessions

Persistent, unwanted thoughts, images, or urges that cause significant anxiety or distress.

Motor Impulses

Nerve signals that initiate muscle contractions, leading to voluntary or involuntary movements.

Obsession

A state in which someone thinks about someone or something constantly or frequently especially in a way that is not normal.