What International Method of Payment Is Issued by a Bank

question 31

Multiple Choice

What international method of payment is issued by a bank and guarantees payment to a seller provided that the seller has complied with the applicable terms and conditions of the particular transaction?

• A)An open account
• B)Import / export financing
• C)A bill of exchange
• D)A letter of credit

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Definitions:

Womb

The organ in female mammals where offspring are conceived and in which they gestate before birth; the uterus.

Strange Situation

A procedure developed by psychologist Mary Ainsworth to observe attachment relationships between a caregiver and child.

Experimental Method

A research method involving the manipulation of variables to determine cause-and-effect relationships.

Depth Perception

The ability to perceive the world in three dimensions (3D) and to judge the distance of objects.