What is the function of the presenter bank?
What will be an ideal response?
The intermediary bank that presents the draft to the drawee.
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A ___ is an organization of brokers who agree to publicize their listings to all other broker members through the use of the service.
Fill in the blank(s) with the appropriate word(s).
CISG recognizes impossibility as an excuse for nonperformance but does not mention either impracticability or frustration of purpose.?
Answer the following statement true (T) or false (F)
Testamentarycapacity includes
A. statutory ageof adulthood and understanding ofthe obligation to be truthful. B. contractualcapacity. C. understandingof assets and effect ofa valid will. D. never having been declared to be legally incompetent.
Which of the following statements is TRUE with respect to property division?
A) Property division settlements are never dischargeable in bankruptcy. B) Transfers of property pursuant to property division settlements are taxable events. C) Property division is based on the concept that both parties contribute to the marriage and are entitled to a share of the partnership upon divorce. D) Property division focuses on what each party will need going forward into the future.