If a U.S. exporter is concerned about political and economic stability in the buyer's country, the exporter should request which of the following payment terms:
A) cash against documents
B) irrevocable letter of credit.
C) confirmed letter of credit.
D) open account terms.
C
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The market interest rate related to a bond is also called the
a. stated interest rate b. effective interest rate c. contract interest rate d. straight-line rate
Herman is a graphic designer at a large firm. He loves designing and considers it his calling in life, and he works incredibly hard and puts in extra hours to produce increasingly great work for the company. But Herman is generally uninterested in meetings and decision making and avoids attending when possible. He can even be hostile to coworkers when asked to work on joint projects too much. Overall, Herman should be classified as a(n) ______.
a. go-getter b. adversarial c. fence-sitter d. unclassifiable; he fits no pattern
A special indorsement does not specify to whom the indorser intends the instrument to be payable
Indicate whether the statement is true or false
A decision of an appeals court in Minnesota would be recorded in the:
a. state's statutory code. b. Minnesota administrative code. c. North Western regional reporter. d. Federal Supplement.