Goods or services shipped out of a seller’s home country to a foreign country.
Acct. Chp 24

Quiz
•
Business
•
10th Grade
•
Hard
Cheryl Turk
FREE Resource
14 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
imports
exports
trade sales
trade acceptance
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A draft payable on sight when the holder presents it for payment.
sight draft
time draft
draft
draft payment
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A document that details all the terms agreed to by the seller and buyer for a sales transaction
commercial invoice
contract of sale
bill of lading
letter of credit
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A written, signed, and dated order from one party ordering another party, usually a bank, to pay money to a third party.
draft
contract of sale
time draft
sight draft
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A receipt signed by the authorized agent of a transportation company for merchandise received that also serves as a contract for the delivery of the merchandise
commercial inovice
bill of lading
contract sale
sales invoice
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
T/F
Credit card sales on the internet are handled differently than any other credit card sales.
true
false
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
T/F
A company's website must be easy to navigate and safe to use
true
false
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