Home » Commerce » A bank’s undertaking to pay an exporter on behalf of an importer is a?A bank’s undertaking to pay an exporter on behalf of an importer is a? A bank’s undertaking to pay an exporter on behalf of an importer is a? A. documentary credit B. letter of credit C. letter of hypothecation D. bill of exchange Correct Answer: Option D Explanation Related Posts What is branding? – State three advantages of branding to each of the following Trade can be described as? One of the main objectives of the Second-tier Securities Market in Nigeria is to The means by which printed messages sent by cable are recorded is called? which of the following activities is aimed at closing sales. The abbreviation IDAPOLY on the letter – headed papers of the federal polytechnic Idah is…
