In global trade, a ________ is a written agreement by a bank to pay the seller, on account of the buyer, a sum of money upon presentation of certain documents

A) trade card payment
B) letter of credit
C) micropayment
D) bank check

B

Business

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The generic strategy used in variety-based positioning is product differentiation

Indicate whether the statement is true or false

Business

Which one of the following is not a rule for the effective use of graphics?

A) Do not integrate a graphic with text. B) Use a graphic to add to the material explained in the text. C) Use a graphic to communicate important information that could not be conveyed easily with a paragraph. D) Appropriately locate graphics.

Business