In a Forfaiting Transaction,the Forfait Is Usually

question 28

Multiple Choice

In a forfaiting transaction,the forfait is usually

• A)the importer.
• B)the exporter.
• C)the bank.
• D)the title to the goods,or the bill of lading.

---

Definitions:

Conscientiousness

A personality trait characterized by organization, dependability, and a strong sense of duty.

General Adaptation Syndrome

A theoretical model describing the body's short-term and long-term reactions to stress, developed by Hans Selye.

Hypothalamus

A region of the brain below the thalamus that coordinates both the autonomic nervous system and the activity of the pituitary, controlling body temperature, thirst, hunger, and other homeostatic systems.

Endocrine Glands

Glands of the endocrine system that release hormones directly into the bloodstream to regulate various bodily functions.