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LW Global Chapter 9 Questions Documents found in international trade

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Comments

  1. PeacefulWarrior says

    October 8, 2021 at 2:23 pm

    For question no 4, can you explain why is the answer “through bill of lading”, it seems like I didnt understand well the lecture.

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    • cal3b says

      October 26, 2021 at 11:07 am

      It’s an issue with spelling. If you look intently it is not through but thorough which isn’t even a bill of lading

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  2. chongyeewern says

    March 7, 2021 at 10:10 am

    For qn 3, If the acceptor is the drawee, why isn’t the acceptor also the original party to a bill of exchange?

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    • barbjohn says

      March 7, 2021 at 7:19 pm

      The person that is the acceptor starts off as the drawee, an original party

      Only after accepting liability will the drawee be known as an acceptor but if the drawee fails to sign their acceptance of liability, then the drawee will remain as a drawee. It’s only after acceptance that that title will change

      But that’s my answer – if you wanted a definitive answer you need to post on the ask acca tutor forum

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