Our company made a selling offer to a foreign company and suggested payment be made by d/p

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Our company made a selling offer to a foreign company and suggested payment be made by d/p at 30 days after sight, several days later, the foreign company replied and asked for payment by D/A at 30 days after sight.

Can we accept this counteroffer? why?

Related Book For answer-question

Finance for Non Financial Managers

ISBN: 978-0176530839

7th edition

Authors: Pierre Bergeron

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Posted Date: Apr 05, 2022 10:38 PM

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Our company made a selling offer to a foreign company and suggested payment be made by d/p

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Expert Answer:

Although the terms of payment under the sale contract are against DP basis some of the exporters sel... View the full answer

Finance for Non Financial Managers

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