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HIsPoCratiC HIsPoCratiC
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7 years ago
When buying from a supplier in France, an Ontario-based company has arranged for its bank to pay the supplier the cost of the desired material when it has passed customs in Canada. Which of the following terms is this type of bank promise called?
A) Letter of credit
B) Currency exchange agreement
C) Banker's acceptance
D) Certified cheque
E) Bank trust service
Textbook 
Business Essentials, Canadian Edition

Business Essentials, Canadian Edition


Edition: 8th
Authors:
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RoBoCoP_96RoBoCoP_96
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3 years ago
thank you
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