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What method of payment would be most common

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A distributor of mining equipment in Russia wants to import machinery from Caterpillar's U.S. factory in Illinois. They want to have floor models for their showroom. What method of payment would be most common is this situation?

  • Open account with 30-day terms
  • Consignment
  • D/P documentary collection
  • Cash-in-advance

Reference no: EM132404429

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