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In a Documentary Collection, D/A (documents against acceptance) when the shipment is made by water and the documents contain a Bill of Lading (BL): Sellers
In a Documentary Collection, D/A (documents against acceptance) when the shipment is made by water and the documents contain a Bill of Lading (BL):
Sellers can be sure that constructive control will be maintained until payment has been made (See the above scenario)
True
False
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Financial Accounting An Integrated Statements Approach
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
2nd Edition
324312113, 978-0324312119
