In the telegraphic exchange between D and P, what was P trying to determine?
Understand the Problem
The question is asking about the content of a telegraphic exchange between two parties, D and P. It seeks to clarify what P was trying to determine in that exchange, with multiple choice options provided for the answer.
Answer
P was trying to determine the payment fulfillment from D.
P was trying to determine the payment from D before the release of documents, as indicated by the D/P (Documents Against Payment) terms.
Answer for screen readers
P was trying to determine the payment from D before the release of documents, as indicated by the D/P (Documents Against Payment) terms.
More Information
In the context of international trade, D/P (Documents Against Payment) terms mean that the seller instructs the bank to release the shipment documents only after the buyer has paid the full amount.
Sources
- DA/DP Payment Terms | How to Use? - jingsourcing.com
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