the document that states that the bank will pay a specified sum of money to a beneficiary, normally the exporter, on presentation of particular, specified documents is called the

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Answer 1

The letter of credit is the financial document which tells that a bank will pay a specified sum of money to a beneficiary

Letter of credit is also called documentary credit or bankers commercial credit.

The financial document called "Letter of credit" is a a letter written by a financial institution which authorizing another institution to pay someone a sum of money.

This document is usually a mode of payment used for the importation of visible goods.

In conclusion, the document called "letter of credit" is the financial document which tells that a bank will pay a specified sum of money to a beneficiary

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Related Questions

buy now pay later catalogs for people with bad credit

Answers

According to credit facilities providers, the buy now pays later catalogs for people with bad credit include Ashro, Boscovs, Country Door, Fingerhut, etc.

What is Buy now Pays later?

Buy now Pays later is another name for credit facilities. It is an agreement between borrowers and lenders to get goods or services now in exchange for a commitment to pay at an agreed later time.

There are various Buy now Pays later providers. Some of them include:

FlexshopperBradford ExchangeLeasevilleHSN, etc.

Hence, in this case, it is concluded that various Buy now Pays later providers are out there.

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A credit card is not considered money because A. it is not a store of value. B. it simply defers rather than completes transactions that ultimately involve the use of money. C. it is not a unit of accounting. D. All of the above.

Answers

Credit or debit card dose have value whatsoever !

What type of business is formed with the primary purpose of serving its user- members? O A. Partnership B. Corporation O C. Sole proprietorship D. Cooperative

no linkss​

Answers

Answer:

What was the answer?

Explanation:

Answer: it’s cooperative, I took the test.

Explanation:

ieiyeoemn you’re toxic.

Which of the following expressions is equal to the total investment of a no-load mutual fund? a. Net assets Ă· number of shares b. Net asset value Ă· number of shares c. Net asset value x number of shares d. Offer price x number of shares.

Answers

The answer choice which is equal to the total investment of a no-load mutual fund is:

C. Net asset value x number of shares

According to the given question, we are asked to state the answer choice which is equal to the total investment of a no-load mutual fund and how this affects the market shares.

As a result of this, we can see that in a no-load mutual fund, there has to be the net asset value which is multiplied by the number of shares which a person currently holds and is equal to the total investment made.

With this in mind, a net asset is the total assets which a company has after the liabilities have been removed.

Mathematically, it is calculated by making an addition of the total fixed assets plus the total current assets minus the total liabilities.

Hence, the total investment of a no-load mutual fund is found by the net asset value multiplied by the number of shares.

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It is not necessary, when rejecting a job candidate, to worry about how the rejection is worded, as it will have minimal, if any, impact on the organization. True False

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i would say false……….

56. How do most states finance their capital budget?
a. sales or excise taxes
b. long-term borrowing or sale of bonds
c. income and property taxes
d. personal property or inheritance taxes

Answers

Long term borrowing!!
B long term borrowing or sale of bonds !!

Identify which accounts would appear in a post-closing trial balance: Multiple select question. purchases drawing cash accounts payable owner's capital rent expense

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There are different types of account. The accounts would appear in a post-closing trial balance are owner's capital and cash account.

The post-closing trial balance will show only asset, liability, and stockholders' equity accounts and stockholders' equity accounts.

Post-closing trial balance is simply known to be a listing of all balance sheet accounts containing non-zero balances. It is usually done at the end of a reporting period.

It is often used to verify that the total of all debit balances when equals the total of all credit balances. This should net to zero.

The post-closing trial balance is known to contains only the permanent/real accounts, which are assets, liabilities, and equity.

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what is quality management

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Quality management is the act of overseeing all activities and tasks that must be accomplished to maintain a desired level of excellence. This includes the determination of a quality policy, creating and implementing quality planning and assurance, and quality control and quality improvement.

what functions are performed through the up/down buttons on 2022 versa’s available advanced drive-assist® display?

Answers

In 2022 Versa’s available Advanced Drive-Assist Display, the functions that can be performed by using the up/down buttons include the following:

To highlight multiple items on the menu screen.To use some primary screens in accessing available secondary screens.

Nissan is an automobile manufacturing company that designs and develop various automobile vehicles such as:

Nissan AltimaNissan PrimeraNissan AlmeraNissan Sentra Nissan Versa

In 2022 Versa’s available Advanced Drive-Assist Display, the functions that can be performed by using the up/down buttons include the following:

1. To highlight multiple items on the menu screen.

2. To use some primary screens in accessing available secondary screens.

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HELP LOTS OF POINTS!!
Which information in the accounts payable subsidiary journal is entered after
the amount of credit or debit?
A. The name of the vendor
B. The terms of the sale
C. The balance
D. The date

Answers

Answer:

D

Explanation:

Answer: the balance

Explanation: because

Marion sells for the Whatisits Company of Whoville. An analysis of the performance of the company's 25 person sales force shows that the average sales rep works 250 days a year, makes four calls a day, obtains an order, averaging $15,000, every ten calls made. Marion worked 200 days last year during which she made a total of 700 calls which resulted in 50 orders totaling $1,500,000 in sales volume. What was Marion's average order size

Answers

Based on the information given  Marion's average order size is $30,000 per order.

Using this formula

Average order size=Total cost of order in sales volume/Total order

Where:

Total cost of order in sales volume=$1,500,000

Total order=50 orders

Let plug in the formula

Average order size=$1,500,000 / 50 Orders

Average order size=$30,000 per order

Inconclusion  Marion's average order size is $30,000 per order.

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The effects of tariffs and quotas are: a(n) __________ in consumers' surplus, and a(n) __________ in producers' surplus.

Answers

Answer:

decrease; increase

Explanation:

need help on econ please and thank you

Answers

Answer:

1. Bonds

2. Property

3. Mutual Funds

4. Starting a business

Explanation:

what is a public enterprise?

answer the question ✌​

Answers

A public enterprise is an industrial or commercial undertaking which the government owns and manages. Also, the primary objective of such an enterprise is social welfare and upholding the interest of the general public

Public Enterprise is a business organization partly owned by the state and controlled through a public authority.

Types :

Government companies Departmental undertakingsStatutory Corporations

Examples :

State Bank of IndiaOil & Natural Gas Corporation

Which of the following represents an increase in labor productivity within a country? (1 point)
O GDP decreased from 400 billion dollars to 200 billion dollars while total labor hours decreased from 75 million year to 50 million.
O GDP increased from 200 billion dollars to 400 billion while total labor hours increased from 50 million to 100 million.
O GDP increased from 200 billion dollars to 400 billion dollars, while total labor hours increased from 50 million to 75 million.
O GDP decreased from 400 billion dollars to 200 billion dollars, while total labor hours decreased from 100 million to 50 million.

Answers

The option that represents the rise in labor productivity will be C. GDP increased from 200 billion dollars to 400 billion dollars, while total labor hours increased from 50 million to 75 million.

Labor productivity simply means the workforce productivity. It's the real ouput per labor hours. It's the amount of goods that are produced for a given time period.

An increase in labor productivity will be the increase in the GDP from 200 billion dollars to 400 billion dollars, while total labor hours increased from 50 million to 75 million.

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Annual percentage rate (APR) is:
A. a yearly fee charged on a credit card.
B. the total cost of a loan per year, expressed as a percentage.
C. the interest rate on a loan expressed as a percentage.
D. an interest rate that compounds yearly.
SUBMIT

Answers

Answer:

B.The total cost of a loan per year expressed as a percentage

Explain the difference between goods and services.

Answers

Answer:

Goods are things you buy. For example, if you were to buy fruits from a supermarket, you would be buying goods. Services are something you pay for to benefit you in some way. If you were to go to a hair salon or a nail salon, you would be paying for services.

Explanation:

Answer:

is your  fat

Explanation:

is your fat

The qualitative characteristic of using the same accounting method each period over time refers to the concept of

Answers

I’m not sure try looking it up

Ron offers to pay Sara to pick up and deliver certain business documents if she is able to do it within thirty minutes of his phone call. Sara can accept the offer only by completing the task within the specified deadline. This is an example of

Answers

Answer:

This is an example of a unilateral contract.

how did consumerism help cause the great depression?

Answers

It helped keep smiles on peoples faces

Which of the following could result in higher living costs for the homeowner that the renter doesn’t have? a. Decreased property value b. Down payment c. Maintenance d. Monthly payment.

Answers

Maintenance could result in higher living costs for the homeowner that the renter doesn't have.

The homeowners are more beneficial as compared to renters because the homeowners own the house as the property or the assets or can be called as the possession.

Who are the renters?

The renter is the person who takes a room or part of the house at rent and pays for the area that is utilized by the individual.

The maintenance cost is the additional cost that is paid by the renter to the homeowner in order to keep the rooms and the house well maintained.

Therefore, the correct answer is C.

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Global Petroleum negotiated a deal with Saudi Arabia in which Global Petroleum would build several refineries in Saudi Arabia and receive oil as partial payment over a 20-year period. This is an example of

Answers

Considering the situation described above, when Global Petroleum negotiated a deal with Saudi Arabia, this is an example of Bartering.

What is a Bartering?

Bartering is a transaction agreement whereby both parties agree to pay with goods or services without using money.

Therefore, in this situation, when Global Petroleum negotiated with Saudi Arabia to receive oil as partial payment over 20 years. This is an example of Bartering.

Hence, in this case, it is concluded that the correct answer is Bartering.

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The socially optimal quantity of pollution is:_________.
a. the amount of pollution society would choose if the marginal social cost of pollution were zero.
b. the amount of pollution society would choose if all costs and benefits were fully accounted for. zero.
c. the amount of pollution society would choose if the marginal social benefit of pollution were zero.

Answers

Based on standard practices, the socially optimal quantity of pollution is "the quantity whose marginal social cost equals the marginal social benefit."

What is the socially optimal quantity?

The socially optimal quantity is the term used to describe output quantity that reveals equilibrium between the costs and benefits of social conditions.

Therefore when the quantity of pollution whose marginal social cost equals the marginal social benefit occurs, this is a socially optimal quantity of pollution.

Hence, in this case, it is concluded that the correct answer is the quantity whose marginal social cost equals the marginal social benefit.

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Which is NOT a part of the Texas Real Estate Commission's (TREC) complaint investigation and disposition procedures?

Answers

Answer:

The answer is cooperative. Which is NOT required by the Texas Real Estate Commission (TREC) for a real estate brokerage organized as a business entity? The answer is a copy of the bylaws of the business entity must be on file at TREC. ... The answer is the Texas Business Organization Code.

A city's water division generated $1.5 million in revenue. It reported expenses of $1 million, which included $200,000 paid to an internal service fund. The water division also transferred $50,000 to the general fund. What amount is the water division's change in net position on the statement of revenues, expenses, and changes in fund net position

Answers

The water division's change in net position on the statement of revenues, expenses, and changes in fund net position amount is $450,000.

Using this formula

Change in net position=Revenue-Expenses-Transfer to general fund

Where:

Revenue=$1.5 million

Expenses=$1 million

Transfer to general fund=$50,000

Let plug in the formula

Change in net position=$1.5 million-$1 million-$50,000

Change in net position=$450,000

Inconclusion the water division's change in net position on the statement of revenues, expenses, and changes in fund net position amount is $450,000.

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Years ago, thousands of country music fans risked their lives by rushing to buy tickets for a Willie Nelson concert at Carnegie Hall. This behavior indicates Select one: a. nothing about the equilibrium price. b. the ticket price was at the equilibrium price. c. the ticket price was below the equilibrium price. d. the ticket price was above the equilibrium price.

Answers

There a lot of changes that affect price. This behavior indicates  this ticket was below the equilibrium price

When the price of goods and services is below the equilibrium price, there is known to be excess demand for the product and this is regarded as shortage of supply.

Due to the fact that quantity demanded is more than quantity supplied, consumers are known to be willing to buy more than producers are willing to sell. This result in a mismatch between demand and supply that will lead to the increase in price.

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REALTORS®: a. protect and promote the interests of their clients. b. treat all parties honestly. c. promote their interests over their clients' interests. d. A and B only.

Answers

Considering the available options, Realtors are known to have various functions, including options A and B only.

Functions of a Realtor

Generally, Realtors are known to perform many responsibilities, including the following:

Protect and promote the interests of their clients. Treat all parties honestly.Create a real estate contract.Rent, sell or buy properties for clients, etc.

Hence, in this case, it is concluded that the correct answer is option D. "A and B only."

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________________ and __________________ are creating customers who are educated about their needs and all the available options for meeting those needs.

Answers

Demand and supply are creating customers who are educated about their needs and all the available options for meeting those needs.

Demand is when people are willing to buy and pay for goods and services at a certain time, while supply is the amount of goods and services available by suppliers to consumers.

There is usually an interaction between the sellers of a resource and the buyers for that resource hence supply create and make available resources while demand pay for the available resources.

Therefore, Demand and supply are creating customers who are educated about their needs and all the available options for meeting those needs.

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Answer: Supply, Demand

Explanation:

bank consistently denies loans to people of color because it believes they are unlikely to repay the amount due on time. This is most likely an example of __________ discrimination.

Answers

The discrimination which involves bank consistently denying loans to people of particular color is an example of Institutional discrimination.

The discrimination described is held-on to by staff because of the laid-down company law, guidelines, tradition etc

An Institutional discrimination refers to those internal policies that result in the denial of resources and opportunities to some class of individual or groups.

The denial of loan provision because of color is possible because the employees held on the company's law, guideline on loan procedure

Therefore, the discrimination which involves bank consistently denying loans to people of particular color is an example of Institutional discrimination.

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which of rockwell’s paintings reached a record sale price?

Answers

"Saying grace" sold for, $46 million dollars.

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__________________ occurs when there are different sets of organizational rules operating, and individual workers find it difficult to reconcile these rules. What is the percentage of nitrogen in ammonium chloride (NH4Cl)? Choose the best response to the question below: Jasmine has a gross pay of $754. 80. By how much will Jasmines gross pay be reduced if she has the following items withheld? federal tax of $31 Social Security tax that is 6. 2% of her gross pay Medicare tax that is 1. 45% of her gross pay state tax that is 18% of her federal tax a. $94. 32 b. $192. 83 c. $224. 60 d. $323. 11. What do Matthew, Mark, Luke,and John have in common inregards to the Christian Bible?A. They are the basis of the Hebrew Bible.B. They make up the Torah.C. They are considered the Gospels in the OldTestament.D. They are considered the Gospels in the NewTestament. describe the reasons for Will Rogers' appeal to Americans. Select the correct answer.Triangle ABC is reflected across the yaxls and then dilated by a factor of 2 centered at the origin. Which statement correctly describes theresulting Image, triangle DEF? my grandparents ___ for a walk in the park? What is a theme of Shirley Jackson's "Charles"? Explain how details and events in the text led you to determine this theme, citing specific pieces of textual evidence as necessary. What is the purpose of literary analysis?to uncover the true meaning of what the author is trying to expressto prove why your claim is accurate based on what you readto persuade others to agree with your interpretation of a bookto address an opposing opinion and explain why it is incorrect Which hypothesis is most supported by astronomers?A- The universe is currently expanding and will continue to expand.B- Stars could burn out, causing the universe to become dark and cold.C- Gravity could pull galaxies back together, causing a reverse of the big bang.D- Dark energy will pull the universe together to form a massive black hole.HURRY!! 8Find the arc length of the partial circle.units When using the Thermal Energy SIM in class we saw that Solve pls brainliestThe two green substances are not same thing because some of their properties are different and some of them are the same. If they were the same substance, all of their properties would have to be the same.How could the explanation be improved? Read this statement: Biotechnology uses primary clarifiers for biological nutrient removal.Which part of the statement is not true? Biological nutrients are found in wastewater. Primary clarifiers remove biological nutrients. Biological nutrients are part of biotechnology processes. Biological nutrient removal is part of wastewater management. Define anger ? And give some examples What is the answer to this? In deserts theres a strong environmental pressure to conserve water. How did cactuses evolve to meet this pressure? Two ways the government has helped regulate the economy since the end of the Great Depression are.... Can someone help me with this please?