This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is considered a MAJOR discrepancy in documents required under the L/C? a. ... (Read 247 times)

Bob-Dole

  • Hero Member
  • *****
  • Posts: 547
on: Sep 11, 2018
Which of the following is considered a MAJOR discrepancy in documents required under the L/C?
 
  a. Failure to legalize documents
  b. Non-presentation of all documents required under the L/C
  c. Shipment of merchandise later than the specified date under the L/C
  d. Omission to state the L/C number

Question 2

______________ is a method in which the seller sends the product to a buyer on a deferred payment basis; that is, the buyer does not pay for the merchandise until it is sold to a third party.
 
  a. Cash in Advance
  b. Irrevocable Letter of Credit
  c. Open Account
  d. Consignment Sales


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aadams68

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Sep 11, 2018
Answer to Question 1

c

Answer to Question 2

d


Bob-Dole

  • Member
  • Posts: 547
Reply 2 on: Sep 11, 2018
YES! Correct, THANKS for helping me on my review

epscape

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Inhibition and facilitation of spruce during the major successional stages at Glacier Bay, Alaska (d Inhibition and facilitation of spruce during the major successional stages at Glacier Bay, Alaska (d
The major muscles of the human body, anterior side. The major muscles of the human body, anterior side.
Major Diagnostic Categories of Mental Disorders Cont Major Diagnostic Categories of Mental Disorders Cont
The location of the major limbic system structures. In general, they are arrayed near the midline in ... The location of the major limbic system structures. In general, they are arrayed near the midline in ...
Major Topographic Divisions of the North Atlantic Ocean Major Topographic Divisions of the North Atlantic Ocean
Overview of the major events and outcomes of mitosis and meiosis Overview of the major events and outcomes of mitosis and meiosis
Video: Renin/Angiotensin (water gain from urine & Na ion and water reabsorption)

For a complete list of videos, visit our video library