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Manager Garments Department Interview Question:
Explain me what do you mean by D/A (Documents in Acceptance)?
Submitted by: MuhammadUnder this method of payment terms, importer takes delivery of the documents on acceptance of a claim in the form of Bill of Exchange from the bank through whom documents are sent after goods are shipped. In this method there is risk of non-acceptance of bill and non-payment due to bankruptcy.
Submitted by: Muhammad
Submitted by: Muhammad
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