Iip301 chap 1 6 8 11 - Study guides, Class notes & Summaries
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IIP301 - CHAP 1-6 8-11 WITH VERIFIED SOLUTIONS.
- Exam (elaborations) • 15 pages • 2023
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Chapter 1 
QN=001 Role of BUYER / IMPORTER in Finances the Transaction? 
a. Needs funds for production and the period before payment is received, and prefers that the seller finance the transaction 
b. Prefers that the seller bear the credit risk and wants to make certain that he receives the goods once he has paid 
c. Needs funds for payment and during the period before resale of goods, and prefers that the seller finance the transaction 
d. Prefers that the buyer bear the credit risk and wants...
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