Importers Direct Arranged to Have a French Winery Ship a Large

question 279

Multiple Choice

Importers Direct arranged to have a French winery ship a large quantity of fine wine to the United States. By signing a(n) ________, Importers Direct authorized its bank to make full payment to the French winery if and when the wine arrives at the Importers Direct warehouse in Philadelphia.

• A) letter of credit
• B) certificate of deposit
• C) trade agreement
• D) banker's acceptance

---

Definitions:

Race

A social construct used to categorize humans into large and distinct populations based on various factors including physical appearance, ancestry, culture, and history.

Ethnicity

A social construct related to the identification of groups based on shared characteristics such as culture, language, history, and ancestral geographical base.

Early Childhood

A period in a human's life ranging from birth to 8 years old, a critical stage for development and learning.

Memory

The mental capability to store, retain, and recall information from past experiences.