Question
In a Documents Against Payment (D/P) documentary collection for an ocean shipment to an importer, which of the following is the biggest risk that is
In a Documents Against Payment (D/P) documentary collection for an ocean shipment to an importer, which of the following is the biggest risk that is faced by the exporter in the transaction with the importer?
Question 7 options:
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The importer's bank receives the documents, but the importer refuses to take the bill of lading
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The importer's bank receives the documents, but the importer does not issue a documentary letter of credit
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The importer's bank receives the documents, but the importer refuses to pay for the shipment because a physical inspection of the goods reveals they do not conform with the purchase order
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The importer's bank receives the documents, but the importer refuses to sign and pay for the bill of exchange
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