Directions The following questions consist of two statements. Statement I and Statement II. You are to examine these two statements carefully and select the answers to these items using the codes given below. Statement I The importer has to accept the bill and make payment. Statement II The importer has to make payment to other importer. Codes

• A. Both Statements are correct
• B. Both Statements .are incorrect
• C. Statement I is correct, but Statement II is incorrect
• D. Statement I is incorrect, but Statement II is correct