Political risk

Course questionnaire: by what channel was the money to arrive?

Six easy questions on payment channels: buyer credit, assignment to the bank, letters of credit, forfaiting, factoring and chains of guarantees.

6 questions, 5 minutes

Course questionnaire

Easy questions on the central ideas of the course, several of them true or false. Get 5 out of 6 right and the course is passed. After each answer, you see whether it is right, and why.

1 / 6

Answers are marked together when you submit: choose, move on to the next one, and your score comes at the end.

In a buyer credit structure, who is the insured?

Review

Every question, its answer and the reasoning

The same material, in continuous reading. Each point links to the matching glossary entry, where the notion is covered in full with its worked example.

Course questionnaire: by what channel was the money to arrive?

Every question, its answer and the reasoning

1. In a buyer credit structure, who is the insured?

2. True or false: confirmation of a letter of credit also covers the risk that the documents presented are found non-compliant.

3. An exporter names its bank as beneficiary of the payout. Who files the claim and handles collection?

4. True or false: a receivable sold without recourse to a forfaiter leaves the seller's balance sheet.

5. What does credit insurance take on, and what does it leave with the insured?

6. True or false: in a chain of on-demand guarantees, each bank examines the merits of the dispute before paying.