A ________ Is Simply an Order Written by an Exporter

question 35

Multiple Choice

A ________ is simply an order written by an exporter instructing an importer, or an importer's agent, to pay a specified amount of money at a specified time.

• A) letter of credit
• B) bill of lading
• C) draft
• D) banker's letter

Define and differentiate between various forms of communication, including verbal and nonverbal.

Identify and explain the elements of nonverbal communication.

Recognize the role and impact of noise in the communication process.

Understand the dynamics of sender-receiver relationships in communication.

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Definitions:

Sales Tax

A tax imposed by a government on the sale of goods and services.

List Price

The manufacturer's suggested retail price of a product before any discounts or allowances.

Purchases Discount

A reduction in the amount payable by a buyer to a seller, if the payment on the purchase is made within a specified period.

Chart Of Accounts

A list of the accounts in the ledger.