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NARA [144]
3 years ago
15

A ________ is an agreement by the person who issues the letter to pay a sum of money on receipt of an invoice and other document

s.Multiple ChoiceA. commercial bondB. letter of creditC. letter of acknowledgementD. negotiated credit instrumentE. recognizance
Business
2 answers:
RSB [31]3 years ago
6 0

Answer: The correct answer is "B. Letter of credit".

Explanation: A letter of credit is an agreement of the person who issues the letter to pay a sum of money on receipt an invoice and other documents.

Is a payment mechanism used in international trade.

Reika [66]3 years ago
6 0

Answer: B

Explanation:

Letter of credit is a document issued by a bank on behalf of someone so that payment could be made to such person, this is done with some conditions attached. Letter of credit could serve as a document for negotiation on behalf of who is to benefit from it.

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The markdown could be a dollar amount or a
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Percentage of the selling price

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Markdown refers to a reduction in the regular selling price of an item. When a trader wants to clear some old inventory or in a sales promotion, they may reduce the regular price to attract more customers. The rate at which the price has been reduced in the markdown.

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from a marginal analysis perspective, what is the inventory carry cost for andrews if the company carries one additional unit of
ryzh [129]

Inventory carrying cost means total expenses incurred while storing an unsold good.

<h3>What is Inventory carry cost?</h3>

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In other word, the Inventory carrying cost means the total expenses incurred while storing an unsold good.

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<em>brainly.com/question/25817334</em>

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