Credit terms are the parameters for the payment of goods and services from a business. Some of the most common credit terms are...
5.What is a letter of credit,as used in international transactions?Why would one be used? 2【题目】关于T erms of sale and payment的问题请用英语简短做答1,2句即可1.What are terms of sale?2.Why do business firms use credit,rather than cash,for many global trade transactions?3.What is a...
—What are your terms of payment? —We usually accept ___. —That's acceptable. A. cash B. credit card C. check D. all of the above 相关知识点: 试题来源: 解析 D。解析:通常情况下可以接受现金、信用卡和支票等支付方式,所以选 D。反馈...
关于Terms of sale and payment的问题请用英语简短做答 1,2句即可1.What are terms of sale?2.Why do business firms use credit,rather than cash,for many global trade transactions?3.What is a bill of lading?What functions does it perform?4.W
A letter of credit is an agreement that is issued by a bank, in which the bank agrees to ensure payment on behalf of the buyer, if the terms of the agreement between the buyer and seller are met. Note that a letter of credit is also referred to as a documentary credit (DC...
Using the sales agreement's terms and conditions, the importer's bank drafts the letter of credit; this letter is sent to the exporter's bank. The exporter's bank reviews the letter of credit and sends it to the exporter after approval. ...
For that purpose, an arbitration clause which forms part of a contract shall be treated as an agreement independent of the other terms of the contract. A decision by the arbitral tribunal that the contract is null and void shall not entail ipso jure the invalidity of the arbitration clause. ...
If you have a credit card, odds are you've received a statement credit. Here's an explanation of what a statement credit is and why you may receive one. Getty Images In the day to day of using your credit card, you've most likely seen a statement credit on your bill. More and mor...
Letters of credit can: ● Promote trust between buyers and sellers across national borders ● Help parties to clearly outline the terms and conditions of the deal ● Offer security and cash flow benefits to both the buyer and seller ● Be customized according to the needs and goals of both ...
Transferable letters of credit are used in certain business deals to ensure that payment is made to a supplier or manufacturer. The parties involved in a transferable letter of credit, in addition to the bank, are the applicant (the buyer of goods or services), the first beneficiary (such as...