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In USDomestic Trade,the Typical Payment Procedure for Established Customers Is _____________

Question 100

Multiple Choice

In U.S.domestic trade,the typical payment procedure for established customers is _____________ where the goods are delivered and the customer is billed on an end-of-the-month basis.


A) letters of credit
B) open account
C) bills of exchange
D) closed account
E) third-party account

Correct Answer:

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