paper b4 0.0 / 5 ? Business ManagementcboUniversityNone Created by: alsaffarCreated on: 21-12-20 19:24 3876591014 Across 1. Long terminology refers to (3) 4. Facility whereby a bank assures the exporter that payment will be made by the bank directly (11, 6) 5. Option which can be exercised only on the due date (8, 7) 6. Issuing bank or confirming bank accept a bill of exchange to pay in future (10) 7. A ____ is a derivative that confers the right but not the obligation to buy or sell as security NORMALLY an equity at a certain price (7) Down 1. who signs the pour aval (6, 4) 3. LC there is no demand for payment from seller only promise to pay from issuing bank (8, 7) 8. uncoditional order of the seller to the buyer to pay a sum of money immediately or at a future date to the payee (4, 2, 8) 9. uniform rules for collection urc522 are issued by (3) 10. Which document in LC gives description about how goods are packed? (7, 4)
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