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Question
InterComp normally sells $50,000 worth of software to Power Source, a retail electronics store, each summer on terms requiring payment in sixty days. One year, InterComp wants cash, but Power Source wants the usual sixty days. To meet both needs, the parties can arrangea. a certificate of deposit.
b. a bearer bond.
c. a trade acceptance.
d. an international letter of credit.
Answer
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Related questions
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