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I. Key Terms Explanation (45=20) 1.International Settlement 2.Demand Draft(D/D) 3.Standby Letter of Credit 4.Letter of Guarantee 5.Promissory I. Key Terms Explanation I .lnternational Settlement 2.Demand

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I. Key Terms Explanation (45=20) 1.International Settlement 2.Demand Draft(D/D) 3.Standby Letter of Credit 4.Letter of Guarantee 5.Promissory

I. Key Terms Explanation I .lnternational Settlement 2.Demand Draft(DD) 3. Standby Letter of Credit 4.Letter of Guarantee 5 .Promissory Note

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