Under a ____, the Exporter Is Paid Once Shipment Has

question 66

Multiple Choice

Under a ____, the exporter is paid once shipment has been made and the draft is presented to the buyer for payment; under a ____, the exporter provides instructions to the buyer's bank to release shipping documents against acceptance, by the buyer, of the draft.

• A) sight draft; time draft
• B) sight draft; banker's acceptance
• C) bill of lading; banker's acceptance
• D) time draft; sight draft

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Definitions:

General Adaptation Syndrome

A theoretical model describing the body's short-term and long-term reactions to stress, involving stages of alarm, resistance, and exhaustion.

Tend-and-befriend Response

A behavioral response to stress that involves seeking social support and nurturing others, theorized to be more common in females.

Problem-focused Coping

A strategy aimed at directly confronting or managing a problem to alleviate stress or conflict.

Stress

The body's response to any demand or challenge, which can be triggered by both positive and negative experiences and can affect mental and physical health.