Which One of the Following Methods of Payments Is Most

question 7

Multiple Choice

Which one of the following methods of payments is most straightforward and one that is the least risky for the exporter?

• A) documents against payment
• B) time draft
• C) documentary collection
• D) cash in advance

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Definitions:

Social World

The domain of human experience that involves relationships, communities, cultures, and societies in which people live and interact.

Social-cognitive Perspective

A framework in psychology that emphasizes the role of cognitive processes in understanding social behavior.

Albert Bandura

A leading psychologist best known for his social learning theory and the concept of self-efficacy.

Personality Traits

Enduring characteristics that describe an individual's behavior, thought patterns, and emotional reactions.