Question
A nominated bank has reviewed the documents presented by the beneficiary and purchased the draft and documents using its own funds. This payment is considered?
A nominated bank has reviewed the documents presented by the beneficiary and purchased the draft and documents using its own funds. This payment is considered?
Payment by Deferred Payment
Payment by Payment
Payment by Negotiation
Payment by Acceptance
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
