Question: West Coast Lumbers, based in Oregon, has contracted with a company in Italy to export 1 ton of lumber. West Coast Lumbers has written an
West Coast Lumbers, based in Oregon, has contracted with a company in Italy to export 1 ton of lumber. West Coast Lumbers has written an order requesting that the Italian company pay $20,000 by August 1 prior to the shipping date. This order is called a Multiple Choice banker's letter. letter of credit. bill of lading. draft.
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