Which of the Following Arranges Export Financing Payment Methods in Descending

question 108

Multiple Choice

Which of the following arranges export financing payment methods in descending order starting with the most secure/reliable and ending with the least secure/reliable?

• A)sales on open account→cash in advance→documentary credit (L/C)→documentary collection (draft)
• B)documentary credit (L/
• C)documentary collection (draft)→documentary credit (L/C)→cash in advance→sales on open account
• D)cash in advance→documentary credit (L/C)→documentary collection (draft)→sales on open account
• E)none of the above

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Definitions:

Steps

A sequence of actions or methodical process to accomplish an end.

Organic Product

A compound or substance that contains carbon atoms bonded to hydrogen or other elements, primarily produced by living organisms but also synthesized in laboratories.

Reaction

A process in which substances interact to form new substances with different properties.

Transformation

The process of changing the structure or properties of a molecule, often used in context with chemical transformations.