Quizz 3 iip301 - Study guides, Class notes & Summaries

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QUIZZ 3 IIP301 QUESTIONS AND ANSWERS.
  • QUIZZ 3 IIP301 QUESTIONS AND ANSWERS.

  • Exam (elaborations) • 12 pages • 2023
  • 1 When receiving incomplete or unclear instructions for the L/C, the advising bank would be held responsible for: a. notifying the buyer first b. notifying the seller first c. notifying the issuing bank first d. notifying the confirming bank first C 2 Choose the correct statement: a. Utilization is the process of the seller shipping the goods, presenting documentation and getting paid. b. Utilization is the process of the seller shipping the goods, presenting documentation and op...
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QUIZZ 3 IIP301 EXAM QUESTIONS AND ANSWERS
  • QUIZZ 3 IIP301 EXAM QUESTIONS AND ANSWERS

  • Exam (elaborations) • 12 pages • 2023
  • 1 When receiving incomplete or unclear instructions for the L/C, the advising bank would be held responsible for: a. notifying the buyer first b. notifying the seller first c. notifying the issuing bank first d. notifying the confirming bank first C 2 Choose the correct statement: a. Utilization is the process of the seller shipping the goods, presenting documentation and getting paid. b. Utilization is the process of the seller shipping the goods, presenting documentation and op...
    (0)
  • $14.49
  • + learn more