The Risk of Noncompletion Is Most Important When

question 27

Multiple Choice

The risk of noncompletion is most important when:

• A) the international trade is recurrent in nature.
• B) there is a sustained relationship between the buyer and seller.
• C) with an outstanding agreement for recurring shipments.
• D) when the relationship is between countries whose currencies are considered strong.

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Definitions:

Board of Directors

A group of individuals elected to represent shareholders and oversee the major decisions and policies of a company.

Social Networking

The use of internet-based social media platforms to stay connected with friends, family, or colleagues, and to share information, ideas, and personal messages.

Establish Credibility

The process of proving oneself to be reliable, trustworthy, and competent in a particular field or subject matter.

Public Speaking

The art of effectively communicating to an audience through speech, often for the purpose of informing, persuading, or entertaining.