Settlement Risk Is Important Because

question 71

Multiple Choice

Settlement risk is important because

• A)of the interdependent nature of many international transactions.
• B)of the impact on sovereign country risk.
• C)problems may induce countries to limit the freedom of international capital flows.
• D)the electronic funds transfer network itself may become insolvent.

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Definitions:

In Transit

Describes goods that are currently being transported from one location to another.

Carrier-ready

A term indicating that a product, particularly in telecommunications, is prepared and available for deployment or distribution by a carrier network.

Transport-ready

A term used to describe goods or items that are prepared and packed for shipping.

Magnuson-Moss Act

A federal law enacted in 1975 designed to protect consumers from deceptive warranty practices, applying primarily to consumer products.