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Oman Fisheries LLC received a first time export order from Yasaki Import Co, Tokyo, on 10 July 2020, for 50,000 cans of fish. As per
Oman Fisheries LLC received a first time export order from Yasaki Import Co, Tokyo, on 10 July 2020, for 50,000 cans of fish. As per the original quote, the price of each can is 10 Euros ( 1 EURO = .410 OMR). The consignment (goods) have to be sent through Maersk Shipping company so as to reach Japan by 10 September 2020. Oman Fisheries banker in Muscat is Sohar National Bank, and Yasaki's banker in Tokyo is the Sanwa Bank. Advise Oman Fisheries on which of the following payment methods they can use. You can choose more than one. If you recommend a method, justify why If you don't recommend a method justify, why 1. Prepayment 2. Letter of Credit 3. Documents against payment 4. Documents against acceptance 5. Open Account Oman Fisheries LLC received a first time export order from Yasaki Import Co, Tokyo, on 10 July 2020, for 50,000 cans of fish. As per the original quote, the price of each can is 10 Euros ( 1 EURO = .410 OMR). The consignment (goods) have to be sent through Maersk Shipping company so as to reach Japan by 10 September 2020. Oman Fisheries banker in Muscat is Sohar National Bank, and Yasaki's banker in Tokyo is the Sanwa Bank. Advise Oman Fisheries on which of the following payment methods they can use. You can choose more than one. If you recommend a method, justify why If you don't recommend a method justify, why 1. Prepayment 2. Letter of Credit 3. Documents against payment 4. Documents against acceptance 5. Open Account
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