A document ordering the importer to pay the exporter a specified sum of money at a specified time is called a ________

A) bill of lading
B) letter of credit
C) bill of exchange
D) management contract

C

Business

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Direct marketing is interactive because the advertiser is attempting to develop an ongoing dialogue with customers.

Indicate whether the statement is true or false.

Business

Which of the following are true of Retained Earnings?

a) They add to a company's Book Value b) They represent additional equity in a company from existing equity holders c) Both of these d) Neither of these

Business