MCQOPTIONS
Saved Bookmarks
| 1. |
What do we call an arrangement whereby an issuing Bank at the request of the Importer (Buyer) undertakes to make payment to the exporter (Beneficiary) against stipulated documents? |
| A. | Bill of Exchange |
| B. | Letter of Exchange |
| C. | Letter of Credit |
| D. | Bill of Entry |
| Answer» D. Bill of Entry | |