When an Exporter Is Dealing with a High Credit Risk

question 21

Multiple Choice

When an exporter is dealing with a high credit risk customer,________ as a form of payment is most often used.

• A) draft
• B) banker's acceptance
• C) open account
• D) cash in advance

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Definitions:

Talents

Natural aptitudes or skills possessed by individuals, which can be developed through practice and commitment to excellence in various fields.

Perspectives

The particular attitudes towards or ways of regarding something; a point of view.

Appreciate

To recognize the value or significance of something or someone, often leading to gratitude or positive recognition.

Ahead

Describes being in front of or before others in progress or ideas.