International factoring can bring advantages to both importer and exporter, and the greatest one is that O/A and D/A terms can be accepted by the exporter and the importer because the risk has been passed onto the factor.
举一反三
- Under _______ factoring, the factors are responsible for collecting the exporter’s receivables subsequent to purchasing the same from the exporter, and the exporter informs the importer of paying the importer factor. A: disclosed B: undisclosed C: maturity D: advance
- In counter-offer, both the importer and exporter can make the counter-offer with each other.
- An exporter sells goods to a customer abroad on FOB and on CIF terms. Who is responsible for the freight charges in each? ( ) A: A. Importer; exporter B: B. Exporter; importer C: C. Importer; importer D: D. Exporter; exporter
- During the journey from the exporter to the importer, ______ is responsible for insuring the goods. A: the importer B: the exporter C: either the importer or fire exporter D: None of the above.
- An exporter sells goods to customers abroad on CIF term. Who is responsible for the freight charges in each? () A: exporter, buyer B: exporter, seller C: importer, buyer D: importer, seller