Busi 465 quiz 2 - Study guides, Class notes & Summaries

BUSI 465 quiz 2 Liberty University answers complete solutions Match the following terms with the correct description: Assumes obligation of paying a draft for a fee. required to prevent importers from falsifying the true value of products imported. payment is sent to the exporter only after goods have been sold by the foreign distributor to the end user. allows clearance of shipment of goods into the country that requires it. commitment by a bank on behalf of the importer (foreign buyer) that p...