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Ian works at Acme Industries and is expecting a $300,000 shipment from a company in China. Ian contacted Acmes bank and they issued a(n) __________;
Ian works at Acme Industries and is expecting a $300,000 shipment from a company in China. Ian contacted Acmes bank and they issued a(n) __________; the Chinese company may not be paid until the goods have arrived at Acmes warehouse in the United States.
a) bankers acceptance
b) international acceptance document
c) letter of credit
d) notary stamp and seal
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