In the Event of a Default

question 26

Multiple Choice

In the event of a default

• A)the forfait does not have recourse against the exporter in the event of a default by the importer.
• B)the forfait does have recourse against the exporter in the event of a default by the importer.
• C)the exporter will have to return the goods to the importer.
• D)none of the above.

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Definitions:

Separation Anxiety Disorder

A psychological condition where an individual experiences excessive anxiety regarding separation from home or from people to whom the individual has a strong emotional attachment.

School Phobia

An intense fear or anxiety associated with attending school, often leading to significant emotional distress and avoidance behavior.

Continuous Anxiety

A persistent state of worry, nervousness, or unease, typically about an imminent event or something with an uncertain outcome.

Monozygotic

Pertaining to twins derived from a single ovum, and therefore genetically identical.