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QUESTION 19 Though least favorable to the seller (exporter), a seller may be motivated to engage in an open account transaction for which of the
QUESTION 19 Though least favorable to the seller (exporter), a seller may be motivated to engage in an "open account" transaction for which of the following reasons? a. It has an established relationship with the buyer. b. To meet competition in markets where other sellers of similar goods are offering open account terms. c. To open new markets where other sellers will only engage in prepayment, documentary collections, or letter of credit terms. d. All of the above.
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