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seller;payee seller;payer buyer;payee buyer;payer
Seller’s country Buyer’s country Either A or B None of the above
could may have to has the right to reserve the right to
a buyer will get something free of charge a buyer will get something useless a buyer will get something useful nothing is worth buying
insolvency of the buyer failure of payment by buyer exchange rate confiscation of the importer’s company
Seller’s country Buyer’s country Either A or B None of the above
buyer consignee seller banker
Seller’s country Buyer’s country Either A or B None of the above
seller, seller seller, buyer buyer, seller buyer, buyer
the risk of non-acceptance the risk of exchange rate the risk of insolvency of the buyer the risk of the failure of the buyer to settle payment
seller;payee seller;payer buyer;payee buyer;payer
Beneficiary; applicant Seller; buyer Buyer; seller Exporter; exporter
a buyer will not get what he pays for a buyer will get more than what he pays for a buyer will get something useful free of charge a buyer will get more but pay less
risk of insolvency of the buyer risk of exchange rate risk of failure of payment by buyer risk of non-acceptance