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What document is sent to the buyer when the seller does not know the buyr and is unsure whether he will receive payment?
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What is trade letter?
A letter of credit is a document issued by a guaranteeing bank on behalf of a buyer. It is aimed at assuring the seller that he will receive payment once delivery conditions have been met.
What is used by a seller of good to receive payment or to extend credit?
Trade Acceptance
What is used by a seller of goods to receive payment or to extend credit?
Trade Acceptance
How do I get a truck titled in Georgia that I bought from a private seller?
You are required to submit a title transfer document and payment to the DMV in the state the vehicle is going to.
What is an irrevocable bank payment undertaking and what are its benefits to the seller?
And your revocable bank payment is a bank payment that cannot be rescinded. The advantage to the seller is once the payment is issued, it cannot be canceled.
How does one get a structured settlement payment?
A structured settlement is defined as a periodic payment. Therefore, in this transaction, the seller will receive periodically some amounts of total value of the item/goods from the buyer, until the whole value is fulfilled.
What is the refund policy if one were to buy fiber optic cable online through Amazon?
Whether you would receive a refund at all or not depends on the seller. If refunds were accepted by the seller, you would receive a refund upon your return of the fiber optic cable. If the seller does not accept refunds, then you would not be able to get a refund but rather have to keep the product.
What is the reason for requring a purchase order?
Paying by cash or check and getting a receipt for payment for a product or service does not specify what the purchaser was expecting to receive, only what happened.Companies use purchase orders (PO) to manage money being spend and to define what is being paid for. A purchase order is a document from a purchaser or company representing an offer to purchase items or services from a seller. The purchase order itemizes details of an intended transaction. What is purchased, how much of any items, what will be paid for the item. It can include conditions and times of delivery and payment. When the seller accepts the purchase order, it becomes a binding contract for delivery by the seller and payment by the purchaser.to make sure the purchased shipment has been received
What is bank letter of credit?
A bank letter of credit is a type of document issued by financial institution to assure the seller the payment of goods or services given that certain documents have been presented to the bank.
What is a bank letter of credit?
A bank letter of credit is a type of document issued by financial institution to assure the seller the payment of goods or services given that certain documents have been presented to the bank.
What is purchase invoices?
a commercial document or bill presented to a buyer by seller or service provider for payment within a stated frame that indicates what has benn purchase, in whatamount and for what price. a purchase invoicecan be used to prove that something was brought and how much was paid for it.
On eBay I bought an item and paid for it then was given an immediate refund the status is awaiting payment I can't pay again will I still get it?
You will no longer receive the item as the seller has cancelled it and refunded you. Sorry
