The Exporter That Offers "Open Account" Terms Is Less Likely

question 1

True/False

The exporter that offers "open account" terms is less likely to clinch a sale than one that offers more secure terms,such as "letter of credit" terms.

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Definitions:

Psychological Disorder

A syndrome characterized by clinically significant disturbance in an individual's cognition, emotion regulation, or behavior that reflects a dysfunction in the psychological, biological, or developmental processes underlying mental functioning.

Identical Twins

Siblings born from the same pregnancy, sharing 100% of their genetic makeup due to the splitting of a single fertilized egg.

Environmental Factors

Elements in the external surroundings that can influence an individual's mental and physical health.

Psychological Disorder

A pattern of behavioral or psychological symptoms impacting multiple life areas and/or causing significant distress.