You are a U.S. importer of chocolate from Switzerland. Your seller in Switzerland offers a price that is in Swiss Francs. You accept the price and payment terms of D/A 30. Which of the following statements is true

(a) The seller in Switzerland has a foreign currency exposure

(b) You, the importer, have a foreign currency exposure

(c) Neither party has a foreign currency exposure as the payment term is D/A

(d) Both parties have a foreign currency exposure as the payment term is D/A