Question: The most often reason cited for using a transferable L/C is Select one: a. there is an intermediary who presents itself to the importer as

The most often reason cited for using a transferable L/C is Select one: a. there is an intermediary who presents itself to the importer as the original exporter b. there is an importer who would rather do business with an intermediary c. the importer is short of working capital d. the intermediary is a subsidiary of the original exporter

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