In Which One of the Following Payments Does the Exporter

question 15

Multiple Choice

In which one of the following payments does the exporter retain title to the shipment as long as possible?

• A) sight draft
• B) time draft
• C) documentary collection
• D) documents against payment

---

Definitions:

Capital Gain Distributions

Payments made to mutual fund shareholders from the fund's sale of securities that result in a capital gain.

Income Distributions

Income distributions refer to the payment of earnings, interests, dividends, or other income, from an investment or fund to its shareholders or investors.

Rate of Return

The positive or negative return on an investment over a given period, measured as a percentage of the investment's initial price.

Global Funds

Mutual funds that invest in companies located anywhere in the world, including the investor’s own country.