Question: 0.4 points Save Answer Exporter from Country A sells widgets to Importer from Country B, and receives a bank-guaranteed promise of payment. However, Country Bis
0.4 points Save Answer Exporter from Country A sells widgets to Importer from Country B, and receives a bank-guaranteed promise of payment. However, Country Bis risky and Exporter from Country A is worried. Exporter would like to eliminate any risk of non-payment by forfaiting. To do this, Exporter would a collect on the bank guarantee for full payment. b. forfeit any payments owed to the Importer. c. pay to convert the bank guarantee to a banker's acceptance. d. arrange to sell the bank-guaranteed promise of payment at a discount to a forfalter
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