Which of the Following Is an Advantage of a Letter

question 60

Multiple Choice

Which of the following is an advantage of a letter of credit for an importer?

• A)The importer does not have to pay for the merchandise until the documents have arrived.
• B)Obtaining pre-export financing becomes easier.
• C)It helps the importer to get goods for a lower price.
• D)It results in lower shipping costs.
• E)The importer does not have to pay the third party a fee for facilitating the transaction.

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Definitions:

Invulnerability

The inability to be harmed or affected by external forces or influences.

Hallucinations

Sensory experiences of things that do not exist outside the mind, often seen, heard, or felt, usually as a result of a psychiatric condition or substance use.

Unbounded Energy

A term that might describe an inexhaustible or seemingly limitless vitality or enthusiasm.

Narcotics Use

The consumption of drugs that dull the senses and often have analgesic properties, potentially leading to addiction.