S.F. Machine Tools Corporation has agreed with a firm in Germany to purchase a quantity of machine
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S.F. Machine Tools Corporation has agreed with a firm in Germany to purchase a quantity of machine tools at a specific price. The U.S. firm wants to make sure the contract is fulfilled before it pays for the merchandise, and the German company wants to be sure it will be paid before it ships the merchandise. What international banking service will likely meet the requirements of both parties? Explain.
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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