Q(12) To assess the payment record of a potential client/importer in West Africa, name two (2) sources of information you might use. (2 pts) Q(13) Which of the following best describes a forward contract? a) The purchase of a foreign currency on a future date wit immediate delivery on that future date. b) The purchase of a foreign currency today with immediate payment and delivery. 0) The purchase of a foreign currency today for a xed price for delivery at a specic future date. d) The purchase of a foreign currency today for a variable price for delivery at a specic future date. Q(14) Complete the sentence: In banking language, the person who prepares a bill of exchange (i.e. draft) is called the Q(15) Marine (i.e. cargo) transport insurance can be issued under the US or UK systems. Identify and name 2 types of insurance policies under each system. (4 NS)