The amount of credit specified in a letter of credit must be taken by the beneficiary in the form of a lump-sum payment

Indicate whether the statement is true or false


False

Business

You might also like to view...

Which of the following techniques has the reorder point based on each inventory item's sales rate?

a. cyclical reordering b. reorder point (ROP) analysis c. ABC analysis d. EOQ models

Business

The point at which the total cost line intersects with the total revenue line is the breakeven point

Indicate whether the statement is true or false

Business

Functions written in other languages such as JAVA can also be called from Oracle programs.

Answer the following statement true (T) or false (F)

Business

Monic, a college professor, makes 30 photocopies of a magazine article and passes the article out to her students. The students are assigned to read the article and write an opinion paper about it. Has Monic violated copyright law?

a. Yes. Though the author will probably not enforce his or her rights under this situation, Monic has technically violated federal copyright law. b. Yes. Though educators have a right under the "fair use doctrine" to make limited use of copyrighted materials, Monic violated the law when she made photocopies of an entire article and distributed them to her students. c. No. Monic has acted within the fair use doctrine. d. No, as up to 50 photocopies of articles are always permissible.

Business