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

Author Question: In the letter of credit transactions, the issuing bank is responsible for paying, accepting, or ... (Read 61 times)

sheilaspns

  • Hero Member
  • *****
  • Posts: 567
In the letter of credit transactions, the issuing bank is responsible for paying, accepting, or negotiating payment upon presentation of specific documents that comply with the terms and conditions of the credit.
 
  a. True
  b. False
 
 
  Indicate whether the statement is true or false

Question 2

For a timely delivery, which of the following is(are) important for a sourcer to know?
 
  a. Production lead time
  b. Transit time from the supplier's country to the sourcer's country.
  c. Potential probability of rework
  d. Only A and B
  e. All of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

frre432

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

True

Answer to Question 2

e





 

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

For a complete list of videos, visit our video library