Commerce WAEC

A bank’s undertaking to pay an exporter on behalf of an importer is a?

A. documentary credit
B. letter of credit
C. letter of hypothecation
D. bill of exchange

Correct Answer: Option B

B. letter of credit

AddThis Website Tools
Sunday

Share
Published by
Sunday
Tags: Commerce
5 years ago

Recent Posts

EME 310 Theory Questions: Hypothesis TestingEME 310 Theory Questions: Hypothesis Testing

EME 310 Theory Questions: Hypothesis Testing

300 Level Research Methods In Education Practice exam questions and detailed answers. Download the answers in…

2 days ago
EME 310 Theory Questions: Sampling Error And Sampling BiasEME 310 Theory Questions: Sampling Error And Sampling Bias

EME 310 Theory Questions: Sampling Error And Sampling Bias

300 Level Research Methods In Education Practice exam questions and detailed answers. Download the answers in…

2 days ago
EME 310 Theory Questions: Sample And Sampling TechniquesEME 310 Theory Questions: Sample And Sampling Techniques

EME 310 Theory Questions: Sample And Sampling Techniques

300 Level Research Methods In Education Practice exam questions and detailed answers. Download the answers in…

2 days ago
EME 310 Theory Question: Sources Of Literature – Project WritingEME 310 Theory Question: Sources Of Literature – Project Writing

EME 310 Theory Question: Sources Of Literature – Project Writing

300 Level Research Methods In Education Practice exam questions and detailed answers. Download the answers in…

2 days ago
EME 310 Theory Questions: Research Proposal Vs Research Abstract – Educational ResearchEME 310 Theory Questions: Research Proposal Vs Research Abstract – Educational Research

EME 310 Theory Questions: Research Proposal Vs Research Abstract – Educational Research

300 Level Research Methods In Education Practice exam questions and detailed answers. Download the answers in…

2 days ago
EME 310 Theory Questions: Research TopicsEME 310 Theory Questions: Research Topics

EME 310 Theory Questions: Research Topics

300 Level Research Methods In Education Practice exam questions and detailed answers. Download the answers in…

3 days ago