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百度试题 结果1 题目What is the purpose of a "Letter of Credit" in international trade? A. To provide insurance B. To secure payment C. To arrange shipping D. To negotiate terms 相关知识点: 试题来源: 解析 B 反馈 收藏
Letters of credit are used for international transactions to ensure that payments will be made. 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 s...
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...
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
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 ...
What Is A Confirmed Letter Of Credit? 保兑信用证: The letter of credit issued by the issuing bank is guaranteed by another bank for payment of documents payable in accordance with the terms and conditions of the letter of credit.
If a business fails to comply with the credit terms or has too many late payment infractions, the charge privileges may be revoked. One of the most common credit terms is the amount of days before full payment is due. For example, an invoice may have credit terms of two ten net 30. ...
bank is referred to as the first, or primary, beneficiary, while the party that applied for the letter of credit is the applicant. A transferable letter of credit is often used in business deals to ensure payment to a supplier or manufacturer and is an alternative to making anadvance ...
Buyers of major purchases may need a letter of credit to assure the seller that the payment will be made. A bank issues a letter of credit to guarantee the payment to the seller, essentially assuming the responsibility of ensuring the seller is paid. A buyer must prove to the bank that t...