Which of the following is considered a MAJOR discrepancy in ...

[Bob-Dole]

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

[aadams68]

Answer to Question 1

c

Answer to Question 2

d

[Bob-Dole]

Excellent

[kusterl]

Thanks for the timely response, appreciate it