AFP

CTP · Question #741

(Topic 8) Compared to a letter of credit, a documentary collection is:

The correct answer is A. less costly and offers less protection. See the full explanation below for the reasoning.

Question

(Topic 8)

Compared to a letter of credit, a documentary collection is:

Options

Aless costly and offers less protection.
Bless costly and offers more protection.
Cmore costly and offers less protection.
Dmore costly and offers more protection.

How the community answered

(25 responses)

A
76% (19)
B
8% (2)
C
12% (3)
D
4% (1)

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