Kizspy | Question: 31 (Choose 1 answer)
What is the primary difference between Documents Against Payment (D/P) and Documents Against
Acceptance (D/A) in a documentary collection?
A. In D/P, the buyer receives documents upon payment, while in D/A, the buyer receives documents upon acceptance of the draft.
B. In D/P, the buyer receives documents upon acceptance of the draft, while in D/A, the buyer receives documents upon payment.
C. In D/P, the buyer receives documents before shipment, while in D/A, the buyer receives documents after shipment.
D. There is no difference between D/P and D/A.
