Which of the Following Types of Contracts Are Used Between

question 17

Multiple Choice

Which of the following types of contracts are used between exporters and importers to reduce transaction risks? 

• A) Letter of credit 
• B) Articles of incorporation 
• C) License 
• D) Bill of lading

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Definitions:

Formulated

Process of creating or developing a method, plan, or product through careful thought and detailed planning, often involving specified components or structures.

Codes Of Ethics

Formal documents that outline the ethical principles and standards of behavior expected in a professional context.

Ombudsmen

Independent officials who investigate complaints against organizations or government bodies, often promoting fairness and accountability.

Educational Requirements

The specific academic qualifications or levels of education necessary for a particular job, program, or activity.