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TCF Training_Part1

Authored by Bianca Lehner

Business

Professional Development

Used 3+ times

TCF Training_Part1
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9 questions

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1.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

Which types of credit risk do you know?

Pre-shipment risk

Delivery risk

Political risk

Customs risk

2.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

Which events are commercial risks?

war, revolution, riots

insolvency of the purchaser

purchaser's failure to meet its contractual obligations

damaged equipment

3.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

Which tools do you know to manage credit risks?

Risk avoidance

Risk acceptance without further approval

Risk transfer

Risk approval

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Cash in advance is the best payment term for us as an exporter.

True

False

5.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

How can you transfer the credit risk to third party?

Credit Risk Insurance (Private Market or ECA)

Letters of Credit

Risk Approval

Bank Guarantee

6.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

A guarantee is not accessory but

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A surety is accessory (any modification of the contract has a direct impact)

True

False

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