An Importer Will Generally Try to Avoid Making Payment for a Purchase

question 50

Multiple Choice

An importer will generally try to avoid making payment for a purchase before the goods are actually shipped by

• A) purchasing a letter of credit.
• B) having payment sent to a bank in the exporter's country to be held until proper shipment is made.
• C) post-dating a check.
• D) insisting on payment only upon delivery.

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Definitions:

Experience-Expectant

Brain functions that require certain basic common experiences (which an infant can be expected to have) in order to develop normally.

Walking Well

A term that could imply having good walking ability or ambulation, maintaining balance, coordination, and stride.

Running

is a form of physical activity that involves rapid foot movement to advance the person's position, usually at a speed faster than walking.

Walking Backward

An unusual locomotion method involving movement in reverse direction, often used for specific physical training purposes.