Teaching Business Studies International Trade Question Bank MCQ - Trade

  • question_answer
    Which of the following pairs is/are not correctly matched?

    A)  It cannot be withdrawn without the consent of the beneficially — Irrevocable letter of credit

    B)                     It is a guarantee for the acceptance and payment of bills without any conditions — Fixed letter of credit

    C)                     Both  and

    D)                     None of the above

    Correct Answer: B


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