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krok68 [10]
3 years ago
12

Melanie’s Marbles is a young company that buys unusual marbles from many places around the world. To provide assurance for her v

endors that they will be paid, Melanies has established a ______________ at her bank.
Social Studies
1 answer:
Marta_Voda [28]3 years ago
8 0

Answer:

letter of credit.

Explanation:

Hello! A letter of credit is a document through which a banking entity issues a payment order in charge of a customer, whose beneficiary is a third party who is paid goods or merchandise. The letter of credit is a payment tool and in some cases financing. This is the way that the company will use to make sure to pay the vendors abroad.

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