vlanefooEne vlanefooEne

24-04-2017
Business

contestada

A letter of credit states that an exporter has availed credit from the bank to manufacture goods.

Respuesta :

andriansp andriansp

28-04-2017

i think that statement is false

a letter of credit does not states that an exporter has availed credit from the bank to manufacture goods, but it states that the bank will pay a specified sum of money to a beneficiary, normally the exporter, on presentation of particular, specified documents instead.

Answer Link

Otras preguntas

Bài 1: Công ty Cổ phần Tấn Tài đăng kí doanh nghiệp ngày 10/10/2015 với 3 cổ đông sáng lập là A, B, C. Công ty có vốn điều lệ là 1 tỷ và phát hành 100.000 cổ ph

When interest is compounded continuously, the amount of money increases at a rate proportional to the amount S present at time t, that is, dS/dt=rS, where r is

Determine the value of k so that the following system has an infinite number of solutions 10x+ky= -8 -15x-6y= 12 Please help.

In what decade was photography invented? the 1800s the 1820s the 1840s the 1860s

Jeffrey Dean, a Master's Degree candidate at North State Central University, was awarded a $15,000 scholarship from North State Central in the current year. Dur

Angelika is the Chief Operating Officer of One Spice Inc., a firm that grows and processes the Naga Viper pepper, one of the world's hottest peppers. Angelika w

Based on the results in (a), the CFO requested that $22,000 of cash be used to pay off the balance of the accounts payable account on December 31, 2022. Calcula

kofi earned 50 cedis mowing lawn. today, kofi earned 60% of what he earned yesterday mowing lawns. how much money did kojo earn mowing lawn today

Three major segments of the transportation industry are motor carriers, such as YRC Worldwide (YRCW); railroads, such as Union Pacific (UNP); and transportation

All of the following statements are true concerning skeletal muscles EXCEPT: A. Skeletal muscles control involuntary body functions. B. Skeletal muscles are con