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

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Definitions:

Leptin

A hormone produced by fat cells in the body that regulates energy balance by inhibiting hunger, which in turn diminishes fat storage in adipocytes.

Cholecystokinin

A hormone that is primarily involved in digestion and regulating appetite, released by the intestines in response to the consumption of fats.

Hormone

A chemical substance produced in the body that controls and regulates the activity of certain cells or organs.

Satiety

A feeling or state of being satisfied or full, commonly referring to the sensation of having had enough to eat.