The ________ Is the Instrument Normally Used to Actually Effect

question 61

Multiple Choice

The ________ is the instrument normally used to actually effect payment in international commerce.

• A) banker's acceptance
• B) bill of exchange
• C) bill of lading
• D) letter of credit

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Definitions:

Recyclable Materials

are substances or objects that can be processed and used again, reducing waste and the consumption of fresh raw materials.

Landfills

Sites designated for the disposal of waste materials by burying them, and the oldest form of waste treatment.

Total Logistics Cost

The complete sum of all expenses associated with the planning, implementing, and controlling of the movement and storage of goods from point of origin to point of consumption.

Decision Areas

Specific domains or aspects within an organization or project that require decision-making.