MCQOPTIONS
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| 1. |
What do we call an agreement whereby an issuing Bank at the request of the Importer (Buyer) undertakes to take payment to the exporter (Beneficiary) against stipulated documents? |
| A. | bill of exchange |
| B. | letter of exchange |
| C. | letter of credit |
| D. | bill of entry |
| Answer» D. bill of entry | |