Question: QUESTION Which term of payment is most suitable when a ser and buyer have developed a lot of trust over the years of ones with

QUESTION Which term of payment is most suitable
QUESTION Which term of payment is most suitable when a ser and buyer have developed a lot of trust over the years of ones with each other de can er of crede Wight dran open count 6.25 points QUESTION 19 The following sentences describe steps in the payment process of different payment terms. Please select the correct alternative In a sight dratt transaction, the buyer pays the amount listed in the sight draft to the bank in the importing country and receives the bill of lading, which is to retrieve the goods W. In a letter of credit payment term, a sellerives a letter of credit and outlines the conditions requires to receive the goods. No bank is used. Both sentences are false Only the first sentence is correct Only the second sentence is correct Both sentences are correct. QUESTION 20

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