When a business purchases goods and pays for them with a written order for a bank to pay the seller a stated amount of money on a specific date, what has it provided for payment?
a. Warehouse receipt
b. Bill of lading
c. Banker's acceptance
d. Letter of credit
c. Banker's acceptance
Business
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Aside from the United States and Japan, _____ is the most important single national market.
A. United Arab Emirates B. Union of Soviet Socialist Republic cD. Dominican Republic E. French Southern Territories
Business
The reorder point is the date when a new order should be placed
Indicate whether this statement is true or false.
Business