In the letter of credit transactions, the issuing bank is ...

[sheilaspns]

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

[frre432]

Answer to Question 1

True

Answer to Question 2

e

[sheilaspns]

Thanks

[frre432]

Welcome