Q.

What is revolving L/C?

A. The amount becomes available again without issuing another L/C and usually under the same terms and conditions
B. Payment is on unconfirmed irrevocable basis
C. Payment is on a future date
D. none
Answer» A. The amount becomes available again without issuing another L/C and usually under the same terms and conditions
2.1k
0
Do you find this helpful?
20

View all MCQs in

Export Import Procedures and Documentation

Discussion

No comments yet