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 239 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
Excellent

dreamfighter72

  • Member
  • Posts: 355
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Diaphragm, the major muscle of breathing. Diaphragm, the major muscle of breathing.
The lymphatic system. Lymphatic vessels, major lymph nodes, and lymphatic organs. The direction of l The lymphatic system. Lymphatic vessels, major lymph nodes, and lymphatic organs. The direction of l
Major psychosocial changes during pregnancy Major psychosocial changes during pregnancy
Major Food Sources of Saturated and Trans Fats for Americans Major Food Sources of Saturated and Trans Fats for Americans
High school science classes are required to use deductive logic High school science classes are required to use deductive logic
Video: Reflex arc construction

For a complete list of videos, visit our video library