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Business, 26.11.2019 22:31 mxrvin4977

Pro-racquets has a bill of lading for an order of 10,000 tennis rackets it will be exporting to a foreign distributor. the company takes this bill of lading to the local bank and uses it to receive a payment advance until final payment is received from the foreign distributor. in this situation, the bill of lading is being used as:

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