Which of the Following Is NOT an Advantage to the Exporter

question 20

Multiple Choice

Which of the following is NOT an advantage to the exporter of L/C financing?

• A)an L/C eliminates credit risk if the bank that opens it is of undoubted standing
• B)an L/C reduces the danger that payment will be delayed or withheld due to exchange controls or other political acts
• C)payment is only in compliance with the L/C's stipulated conditions
• D)an L/C guards against pre-shipment risks

---

Definitions:

State Laws

Legislation established by individual states within a country, governing within its own borders and specific to its jurisdiction.

At-Will

An employment arrangement in which either the employer or employee can terminate the relationship at any time, for any reason that is not illegal.

Notice

A formal communication or statement that informs parties about legal obligations, intentions, or changes in circumstances.

Title VII

Title VII refers to a section of the Civil Rights Act of 1964 prohibiting employment discrimination based on race, color, religion, sex, or national origin.