paper b4 0.0 / 5 ? Business ManagementcboUniversityNone Created by: alsaffarCreated on: 21-12-20 19:24 Option which can be exercised only on the due date european options 1 of 12 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 warrant 2 of 12 Long terminology refers to buy 3 of 12 who signs the pour aval buyers bank 4 of 12 uniform rules for collection urc522 are issued by ICC 5 of 12 an undertaking by a bank to make payment, provided the terms and conditions are met LC 6 of 12 Facility whereby a bank assures the exporter that payment will be made by the bank directly documentary credit 7 of 12 Documentary credits are governed by ucp 600 8 of 12 Which document in LC gives description about how goods are packed? packing list 9 of 12 uncoditional order of the seller to the buyer to pay a sum of money immediately or at a future date to the payee bill of exchange 10 of 12 LC there is no demand for payment from seller only promise to pay from issuing bank deferred payment 11 of 12 Issuing bank or confirming bank accept a bill of exchange to pay in future acceptance 12 of 12
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