With forfaiting, an irrevocable guarantee, known as a(n) ________, may be created by the importer's government

A) trade acceptance
B) documents against payment
C) documents against acceptance
D) aval

Answer: D

Business

You might also like to view...

The sales force method of forecasting is an example of a time-series method of forecasting

Indicate whether the statement is true or false

Business

A contract may be nullified or cancelled due to:

A) duress B) undue influence C) negligent misrepresentation D) innocent misrepresentation E) all of the above

Business