Payment in advance generally takes place under the following circumstances. _________
举一反三
- Payment in advance usually takes place when the importer has not long been established.
- Generally, among the following payment methods, ( ) is the safest term for the buyer. A: L/C B: D/P at sight C: D/A at 30 days after sight D: Payment in advance
- Under ( ) the importer bears greater risk. A: Open Account B: Cash in Advance C: Payment on Delivery D: None of the other
- Open account payment takes place when the importer has a long credit history and is well known to the seller.
- Under ( ) the importer bears greater risk. A: Open Account B: Cash in Advance C: Payment on Delivery D: Non of the above is right