* GIVE A FEEDBACK OF A PARAGRAPH ABOUT THIS ARTICLE *PLEASE
* GIVE A FEEDBACK OF A PARAGRAPH ABOUT THIS ARTICLE *PLEASE RESPOND… * GIVE A FEEDBACK OF A PARAGRAPH ABOUT THIS ARTICLE *PLEASE RESPOND AS IF YOU WERE RESPONDING TO A CLASSMATE*Provide link where they can get more information Documentary collections: Advantages:1. Faster receipt of payment. 2. Better price than LC. 3. Payment warranty to the exporters. Disadvantages:1. There is no verification of the accuracy of documents. 2. Bank does not guarantee payment. 3. There is a possibility of paying for the return transportation if the buyer refuses to do so. Open Accounts: Advantages: 1. Easy to negotiate. 2. It can help you land a sale faster. 3. It will help your business be more competitive. Disadvantages:1. Receivables may be harder to finance. 2. No assurance of payment. 3. Difficulty of collection. Example on how to answer I found your information stated to be essential for understanding the topic better and realizing how there is numerous way of payment methods in regard to selling internationally. I found quite some more advantages for Documentary collections, such as reliability and safety. Both payments method were detailed and well explained. I found it to be really helpful for this topic specific. It is vital to understand these well before making a transaction. Great job. You can find more information about it at the following link. Arts & Humanities Communications Marketing MAR 4144
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