Which of the Following Methods of Financing Would Be Used

question 71

Multiple Choice

Which of the following methods of financing would be used if the exporting and importing parties had a strong, long-standing relationship?

• A)documentary credit (letter of credit)
• B)documentary collection
• C)cash in advance
• D)sales on open account
• E)bank draft

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Definitions:

Physically Abused

Experiencing harm or injury to the body inflicted by another person.

Learned Helplessness

A condition in which a person suffers from a sense of powerlessness, arising from traumatic events or persistent failure.

Social and Emotional Adjustment

The process of adapting or conforming to new social and emotional environments or realities, often crucial for mental health and wellbeing.

Seligman's Terms

Refers to concepts and theories developed by psychologist Martin Seligman, particularly related to positive psychology and well-being.