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QUESTION 3 MozzarellaperTutti is a company in Italy that sells fresh cheese and other dairy products internationally. An Australian delicatessen chain Gourmet approaches MozzarellaperTutti to
QUESTION 3 MozzarellaperTutti is a company in Italy that sells fresh cheese and other dairy products internationally. An Australian delicatessen chain Gourmet approaches MozzarellaperTutti to order 3 tons of mozzarella for its outlets in Sydney. MozzarellaperTutti has not carried business with Gourmet before and is somehow worried about both setting up a new relationship successfully but at the same time it wants to ensure that it will get paid. Gourmet have heard about the use of letters of credit as a standard means of payment internationally. Advise Gourmet how they could proceed to use such a payment instrument. Use the editor to format your
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