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Author Question: Which of the following correctly states the role of banks in import/export transactions involving a ... (Read 140 times)

brutforce

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Which of the following correctly states the role of banks in import/export transactions involving a letter of credit (L/C)?
◦ The importer's bank is the advising and/or confirming bank; the exporter's bank is the issuing bank.
◦ The exporter's bank is the advising, confirming, and issuing bank.
◦ The importer's bank is the advising, confirming, and issuing bank.
◦ The exporter's bank is the advising and/or confirming bank; the importer's bank is the issuing bank.
◦ none of the above


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Marked as best answer by brutforce on Dec 2, 2019

morrie123456

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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brutforce

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Reply 2 on: Dec 2, 2019
YES! Correct, THANKS for helping me on my review


abro1885

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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