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awaldrop928 awaldrop928
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Posts: 557
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6 years ago
In letter of credit transactions, the seller gives the goods to the buyer and the buyer then pays the seller's bank to retire a loan (the letter of credit) taken out by the seller to cover the production costs of the goods.
 a. True
  b. False
  Indicate whether the statement is true or false
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wrote...
6 years ago
False
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