Want to know:
125. The beneficiary requires the return of its accepted time drafts in order to discount them in the market. Which of the following best meets the beneficiary's need? A documentary credit available with the:a) Issuing bank by acceptance.b) Advising bank by negotiation.c) Nominated bank by negotiation.d) Confirming bank by deferred payment.
Get a detailed, AI-powered explanation for this question and thousands more on StudyFetch.
Get the Answer for FreeHow StudyFetch Helps You Master This Topic
AI-Powered Answers
Get instant, detailed explanations powered by AI that understands your course material.
Deep Understanding
Go beyond surface-level answers with step-by-step breakdowns and examples.
Personalized Learning
Spark.E adapts to your learning style and helps you connect ideas.
Practice & Test
Turn any question into flashcards, quizzes, and practice tests to solidify your knowledge.
Explore More Questions
- What feature of fats makes them hydrophobic?a. Fats have nonpolar hydrocarbon chains.b. Fats include one glycerol molecule.c. Fats have carboxyl groups.d. Fats have polar fatty acids
- According to Freud, a Defense Mechanism is when your ego protects your conscious mind from the uncomfortable thoughts going on in your unconscious mind. Explain how each of these defense mechanisms works: Displacement, Rationalization, Reaction Formation, Repression, and Sublimation.
- According to research, what percentage of parents admitted to spanking their children aged 0 to 9 years in the past year?a) 23%b) 49%c) 39%d) 80%