THE BEST SOLUTION FOR THE EXPORTER TO MAKE LATE PAYMENT IMPOSSIBLE...

Question

45. The best solution for the exporter to make late payment impossible is A. A typical contract clause in which there are regulations on the amount of interest the seller shall be entitled to receive in case of late payment.B. An agreement with the buyer to strengthen the payment provisions with a paymentguaranteeC. An agreement with an insurance company in case the buyer fails to pay on timeD. A confirmed, irrevocable, at sight letter of credit.

Answer

45. The best solution for the exporter to make late payment impossible is A. A typical contract clause in which there are regulations on the amount of interest the seller shall be entitled to receive in case of late payment.B. An agreement with the buyer to strengthen the payment provisions with a paymentguaranteeC. An agreement with an insurance company in case the buyer fails to pay on timeD. A confirmed, irrevocable, at sight letter of credit.

THE BEST SOLUTION FOR THE EXPORTER TO MAKE LATE PAYMENT IMPOSSIBLE...

45. The best solution for the exporter to make late payment impossible is

A. A typical contract clause in which there are regulations on the amount of interest

the seller shall be entitled to receive in case of late payment.

B. An agreement with the buyer to strengthen the payment provisions with a payment

guarantee

C. An agreement with an insurance company in case the buyer fails to pay on time

D. A confirmed, irrevocable, at sight letter of credit.

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