Which of the following is not true of forfaiting? ______.A、Forfaiting is a form

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问题 Which of the following is not true of forfaiting? ______.

选项 A、Forfaiting is a form of trade finance with recourse
B、Forfaiting is the act of purchasing an exporter’s receivables (the amount the importer owes the exporter) at a discount by paying cash
C、The forfeiter takes over the buyer risk
D、The purchase is usually guaranteed by a bank in the buyer’s country

答案 A

解析

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(a)Writeshortnotesonthefollowing:(i)BACS(ii)CHAPS(i

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