This topic contains a solution. Click here to go to the answer

Author Question: Which of the following correctly states the role of banks in import/export transactions involving a ... (Read 97 times)

brutforce

  • Hero Member
  • *****
  • Posts: 540
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by brutforce on Dec 2, 2019

morrie123456

  • Sr. Member
  • ****
  • Posts: 314
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.
Answer Preview
Only 39% of students answer this correctly




brutforce

  • Member
  • Posts: 540
Reply 2 on: Dec 2, 2019
Thanks for the timely response, appreciate it


cassie_ragen

  • Member
  • Posts: 347
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

For a complete list of videos, visit our video library