Exam L5M3 Topic 2 Question 23 Discussion

Actual exam question for CIPS's L5M3 exam
Question #: 23
Topic #: 2
Fruity McFruitFace is an exporter of fruit. Which of the following payment terms would be most advantageous for it?

Suggested Answer: D Vote an answer

Exporters prefer advance payment - this puts the risk with the importer / buyer. There's a table of these four terms on p.36. An importer would prefer an open account arrangements. The other two options are in the middle and the risk is more equally split between the two parties.

by Dwight at Mar 01, 2026, 11:10 PM

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