Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 16, 2022

Miamma Ltd based in the UK. I has agreed to sell some goods to a buyer in Zambia, HMLB Co Ltd. Miamma Ltd requires payment

Miamma Ltd based in the UK. I has agreed to sell some goods to a buyer in Zambia, HMLB Co Ltd. Miamma Ltd requires payment immediately but HIMLB Co Ltd needs a period of credit before making payment.

Which of the following is the method of payment that is best suited to both parties to this transaction?

A. Cash

B. Letter of credit

C. Export credit insurance

D. SWIFT transfer

Step by Step Solution

★★★★★

3.43 Rating (156 Votes )

There are 3 Steps involved in it

Step: 1

C Export credit insurance Export Credit Insurance ECI is a form of insurance that protects an exp... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microeconomics

Authors: Douglas Bernheim, Michael Whinston

2nd edition

73375853, 978-0073375854

More Books

Students also viewed these Accounting questions

Question

★★★★★

A record collector has agreed to sell her entire collection to a historical museum in four years at a price of $110,000. The current risk-free rate is 6.5 percent. At what price should she value her...

Answered: 1 week ago

Question

★★★★★

Which of the following is a method of adjustment for comparing projects of different lives? a. IRR b. Modified IRR c. Payback period d. Equal annuity

Answered: 1 week ago

Question

★★★★★

Which of the following is a method used for deep decontamination of micropipettes used to measure biological fluids: a) 10% sodium hypochlorite b) 60% isopropanol c) SDS d) N/A

Answered: 1 week ago

Question

★★★★★

It can be seen that in rolling a strip, the rolls will begin to slip if the back tension, b is too high. Derive an analytical expression for the magnitude of the back tension in order to make the...

Answered: 1 week ago

Question

★★★★★

There are thousands of mutual funds available. There is no shortage of sources of information about them. Newspapers regularly report the value of each unit, mutual fund companies and brokers...

Answered: 1 week ago

Question

★★★★★

Brainiac Company purchased a delivery truck for R$30,000 on January 1, 2011. The truck has an expected residual value of R$2,000, and is expected to be driven 100,000 miles over its estimated useful...

Answered: 1 week ago

Question

★★★★★

The probability function of a variable X is given by 4(x-1) f(x)= 3 x Ry = {2, 3, 4, ...}. (i) Show that 2n+1 P(X > n) = n = 2,3,... 3" (ii) Verify that the variable X satisfies the inequality...

Answered: 1 week ago

Question

★★★★★

At the beginning of the summer, Jack Wells was looking for a way to earn money to pay for his college tuition in the fall. He decided to start a lawn service business in his neighborhood. To get the...

Answered: 1 week ago

Question

★★★★★

please try to give correct answer 7 5 3 . .

Answered: 1 week ago

Question

★★★★★

Given the time-phased work packages and network, complete the baseline budget form for the following project 0 1 Design prototype 2 ES SL LS Legend 2 Build prototype 3 ID EF Description DUR LF Soccer...

Answered: 1 week ago

Question

★★★★★

Question 8. Please help! You randomly select one card from a 52card deck. Find the probability of selecting an eight or a two. The probability is _ (Type an integer or a fraction. Simplify your...

Answered: 1 week ago

Question

★★★★★

How does your personality align with your organisation's culture? If you are not part of a specific organisation, reflect on the outcomes of the personality and spend some time reflecting on your...

Answered: 1 week ago

Question

★★★★★

Go tohttps://paulhammant.com/2016/09/26/visualizing-the-theory-of-constraints/ Find TOC for a manufacturing production line - Click "Click to Play" 1 What is the constraint (which station) and what...

Answered: 1 week ago

Question

★★★★★

Cybercriminals and ransomware attacks often target organizations with insecure systems. As a database designer, you need to understand the secure database design. Read the topic Resource "Security in...

Answered: 1 week ago

Question

★★★★★

I need help with writing part 2 I wanted to use the Maslows Hierarchy of needs for C. Module 03 Content This assessment will be a continuation of the survey design started in the discussion forum...

Answered: 1 week ago

Question

★★★★★

Air travel on Mountain Airlines for the past 18 weeks was: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 405 410 420 415 412 420 424 433 438 440 446 451 455 464 466 474 476 482 a. Explain why an...

Answered: 1 week ago

Question

★★★★★

Signal mistakenly produced 1,225 defective cell phones. The phones cost $69 each to produce. A salvage company will buy the defective phones as they are for $40 each. It would cost Signal $82 per...

Answered: 1 week ago

Question

★★★★★

Discuss whether responsible human resources management should apply different standards for the home company and suppliers, for developed countries and developing countries, and for large companies...

Answered: 1 week ago

Question

★★★★★

Consider the market for crude oil. Suppose the demand curve is described by Qd = 100 - P, where Qd is the quantity buyers will purchase when the price they pay is P (measured in dollars per barrel)....

Answered: 1 week ago

Question

★★★★★

What is the difference between the expansion path and the input demand curve?

Answered: 1 week ago

Question

★★★★★

How would an increase in the price of labor shift the long-run average cost curve?

Answered: 1 week ago

Question

★★★★★

A random variable is known to be normally distributed with the following parameters: = 5.5 and = 0.50 a. Determine the value of x such that the probability of a value from this distribution...

Answered: 1 week ago

Question

★★★★★

The Anasazi Real Estate Company has 20 listings for homes in Santa Fe, New Mexico. The number of days each house has been on the market without selling is as follows: a. Considering these 20 values...

Answered: 1 week ago

Question

★★★★★

Team Marketing Report (TMR) produces the Fan Cost Index (FCI) survey, now in its 16th year, which tracks the cost of attendance for a family of four at National Football League (NFL) games. The FCI...

Answered: 1 week ago

Previous Question Next Question