A Shipment That Is Held by the Importer Until the Merchandise

question 106

Multiple Choice

A shipment that is held by the importer until the merchandise has been sold is called:

• A)advance payment.
• B)confirmed irrevocable letter of credit.
• C)unconfirmed irrevocable letter of credit.
• D)open account.
• E)consignment.

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Definitions:

Substance Intoxication

The physiological state of being under the influence of substances such as drugs or alcohol, affecting mental and physical functions.

Psychological Changes

Alterations in an individual's behavior, feelings, or thoughts that may result from various causes, including stress, trauma, or mental health conditions.

Central Nervous System

The part of the nervous system consisting of the brain and spinal cord, responsible for processing and sending out signals to the body.

Alcohol Use Disorders

A spectrum of issues arising from excessive alcohol use, ranging from mild to severe addiction.