Question: Using the table below, and for each commercial contract, identify which methods of payment could be used in the contract between Smith Carson& Fabrics

Using the table below, and for each commercial contract, identify which methods

Using the table below, and for each commercial contract, identify which methods of payment could be used in the contract between Smith Carson& Fabrics R Us and between Smith Carson& Top Brands Corp. Once you have completed the charts, discuss what risk your bank could be exposed to and then decide what payment term you (as the bank manager) are comfortable authorizing for Smith Carson and why. Advanced Payment LC - Sight LC Usance Open Account Fabrics R US Smith Carson Your Bank Advanced Payment LC - Sight LC - Usance Open Account Top Brands

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