Is there one best type of letter of credit? Explain.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 69% (13 reviews)
The type of letter of credit which is best depends on the situation In a normal export situation the ...View the full answer
Answered By
Charles mwangi
I am a postgraduate in chemistry (Industrial chemistry with management),with writing experience for more than 3 years.I have specialized in content development,questions,term papers and assignments.Majoring in chemistry,information science,management,human resource management,accounting,business law,marketing,psychology,excl expert ,education and engineering.I have tutored in other different platforms where my DNA includes three key aspects i.e,quality papers,timely and free from any academic malpractices.I frequently engage clients in each and every step to ensure quality service delivery.This is to ensure sustainability of the tutoring aspects as well as the credibility of the platform.
4.30+
2+ Reviews
10+ Question Solved
Related Book For
International Marketing & Export Management
ISBN: 978-0273743880
7th edition
Authors: Gerald Albaum, Edwin Duerr
Question Posted:
Students also viewed these Marketing questions
-
1. Corby, an experienced tire broker in Wales, offered to sell tires to Chappell, a tire broker in California. Chappell contacted two U.S. tire distributors, Jenkins in Tennessee and Hein in Ohio,...
-
Is there one best style of management? Why or why not?
-
Is there one best way to export directly? Defend your answer.
-
Sunita inherits $45,000 from a distant relative. She decides to invest her inheritance in a diversified, dividend-paying mutual fund. At the time of her initial investment, she purchases 1,500 shares...
-
Sportway Inc. produces high-quality tennis racquets and golf clubs using a patented forming process and high-quality hand-finishing. Products move through two production departments: Forming and...
-
Aluminum pole for a street light weights 4600N and supports an arm that weights 660 N (see figure). The center of gravity of the arm is 1.2 m from the axis of the pole. A wind force of 300 N also...
-
2013 Indianapolis 500 champion Tony Kanaan holds his hand out of his IndyCar while driving through still air with standard atmospheric conditions. (a) For safety, the pit lane speed limit is \(60...
-
Depreciation Concepts As a cost accountant for San Francisco Cannery, you have been approached by Phil Perriman, canning room supervisor, about the 2010 costs charged to his department. In...
-
You would like to calculate the benefits of one of the training programs in your organization. The cost of the program is $38,000 and the benefit is $205,000. Using this information, calculate each...
-
Corrie wants to earn a net operating income of $10,000 this month. She currently sells her product for $50 each, has $10 of variable expense per product, and incurs $5,000 of fixed expenses. How many...
-
An exporter gets the same protection from using a bill of exchange as from using a letter of credit. Discuss.
-
When draft or bill-of-exchange methods are used is it better to have the terms documents against acceptance or documents against payment? Defend your position.
-
What methods can gamified systems use to onboard new players?
-
Derived demand is the demand for _________. a) final goods and services b) resources c) final goods as well as services and resources d) neither final goods and services nor resources.
-
When the demand for wheat rises, the demand for farm labor ________. a) rises b) falls c) may rise or fall
-
What is the difficulty in applying Gauss elimination to the following linear algebraic equations? \[ \begin{aligned} -5 x_{1}+5 x_{2} & =5 \\ 10 x_{1}-10 x_{2} & =-5 \end{aligned} \]
-
Automation will raise the level of employment if the _________. a) output effect is equal to the substitution effect b) output effect is greater than the substitution effect c) substitution effect is...
-
If Melissa produces twice as much per hour as Adam, we would say that she is ______________ as productive as he is.
-
Graph each linear or constant function. Give the domain and range. (x) = -2x + 5
-
What is the purpose of the journal wizard?
-
Define standardization and name the primary reasons for its use.
-
Describe economies of scale and economies of scope.
-
Explain how laws affect adaptation and the product areas affected by regulations.
-
You are the new controller for Moonlight Bay Resorts. The company CFO has asked you to determine the company's interest expense for the year ended December 31, 2021. Your accounting group provided...
-
How do the dynamics change in Calm Down by Selena Gomez ?
-
A company's inventory records report the following: August 1 August 5 August 12 Beginning balance Purchase Purchase 23 units @ $13 18 units $12 22 units @ $13 On August 15, it sold 46 units. Using...
Study smarter with the SolutionInn App