The seller's bank acting as an advising bank agrees to transmit the funds received from the buyer's bank to the seller provided the terms of the letter of credit have been satisfied completely

Indicate whether the statement is true or false


True

Business

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Decisions of administrative law judges are subject to ________.

Fill in the blank(s) with the appropriate word(s).

Business

When a company uses the perpetual inventory method, which of the following would be the entry to adjust inventory to lower-of-cost-or-market?

A) debit Loss on Inventory and credit Merchandise Inventory B) debit Merchandise Inventory and credit Inventory Adjustment C) debit Cost of Goods Sold and credit Merchandise Inventory D) debit Merchandise Inventory and credit Cost of Goods Sold

Business

On July 1, 2018, Electrical Services issued $37,000 of 8% bonds that mature in five years. The bonds were issued at a premium, for a total of $38,665. The bonds pay semiannual interest payments on June 30 and December 31 of each year. On December 31, 2018, what is the total amount paid to bondholders?

A) $1480 B) $2960 C) $1547 D) $3093

Business

CAFTA is a trade agreement for countries in

A. Asia. B. Africa. C. Central America. D. Europe. E. North America.

Business