A Typical Forfaiting Transaction Involves the Following Parties EXCEPT

question 60

Multiple Choice

A typical forfaiting transaction involves the following parties EXCEPT:

• A) importer.
• B) exporter.
• C) carrier.
• D) importer's Bank.

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Definitions:

Sacrifice Ritual

Ceremonial acts performed in various cultures and religions involving the offering of gifts, and often the life of an animal or symbolic item, to a deity or higher power for the purpose of divine favor or atonement.

Aryan Religion

The religious beliefs and practices associated with the Indo-European peoples known as Aryans, precursor to major religions such as Hinduism.

Soma

In Vedic tradition, Soma is a ritual drink of importance among the early Indians, also referred to a deity associated with this drink.

Palace

A grand residence, especially the home of a head of state or some other high-ranking dignitary, royals, or bishops.