Which of the Following Is the Least Risky for an Exporter

question 146

Multiple Choice

Which of the following is the least risky for an exporter?

• A) Open account
• B) Irrevocable letter of credit
• C) Bank collection time draft
• D) Cash in advance
• E) Revocable letter of credit

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Definitions:

Bronchi

The primary divisions of the trachea.

Inflammation

A biological response of body tissues to harmful stimuli, characterized by redness, swelling, pain, and sometimes loss of function.

Habitual Snorers

Individuals who regularly snore during sleep, often indicating disrupted breathing patterns that could suggest sleep-related disorders.

Percent

A part or other object per hundred, used in expressing ratios, fractions, or comparison between parts.