Which of the following statements regarding bartering is not true

Select one:

a. B) transactions are typically one-time exchanges of merchandise that takes place when circumstances warrant

b. C) can be described as a primitive way to do business

c. A) is the direct exchange of goods between two parties

d. D) is a type of forfaiting

The primary methods of payment for foreign trades, ranked in the order of most secure to least secure for the exporter is

Select one:

a. B) consignment, letter of credit/time draft, cash in advance, and open account.

b. D) cash in advance, letter of credit/time draft, open account, and consignment

c. C) cash in advance, letter of credit/time draft, consignment, and open account.

d. A) open account, consignment, letter of credit/time draft, and cash in advance.