Discussion Forum : International Business - Ii
Question -
A___ is a letter from a bank guaranteeing that a buyer will pay the seller on time.
Answer: Option B
:
B
Was this answer helpful ?
:
B
A letter of credit is a letter from a bank guaranteeing that a buyer will pay the seller on time. If the bank is unable to make payment, the bank will be requrired to cover the unpaid amount.
Was this answer helpful ?
Login With Google
Old way of Login
Login With Email
Submit Your Solution hear: