Question: By shipping goods under documentary time drafts for acceptance a. the importer is extending credit to the exporter b. the exporter is relinquishing control of

By shipping goods under documentary time drafts for acceptance

a. the importer is extending credit to the exporter

b. the exporter is relinquishing control of the goods in return for a signature on the acceptance to assure it of payment

c. the importer guarantees that it will pay cash on delivery

d. None of the above

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