Question: Which one following statements are TRUE? The sight draft is payable at a later time, typically 30, 60, 90, or 120 days in the future

Which one following statements are TRUE? The sight draft is payable at a later time, typically 30, 60, 90, or 120 days in the future as specified by the draft The draft that allows a period of 120 days to pay is very attractive for the importer because it allows time for the importer to sell the goods before having to pay for them Distributors or export intermediaries are taking title to the goods and then reselling them. Governments use bills of lading to determine the value of the goods for customs-valuation purposes. The customs invoice acts as proof that the shipment was made and that the goods have been received

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