Which Document Is Issued by a Bank and Contains Its

question 9

Multiple Choice

Which document is issued by a bank and contains its promise to pay the exporter on receiving proof that the exporter has fulfilled all requirements specified in the document?

• A) bill of lading
• B) bill of exchange
• C) letter of credit
• D) trade acceptance

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Definitions:

External Factors

Elements outside an individual's control that can influence outcomes, behaviors, or decisions, including social, environmental, and economic factors.

Internal Consequences

Outcomes that affect one’s inner self, such as emotions or psychological well-being, resulting from one's actions.

Hold Grudges

The persistent feeling of ill will or resentment resulting from a past insult or injury.

Physical Health

Describes the condition of a person's body, including whether it is free from illness or injury.