A letter-of-credit agreement between Rural Feed Corporation and Soybean Farms, Inc, requires Rural Feed's bank to pay Soybean Farms on receipt of invoices. This is a letter of credit, which is
A) a formal contract
B) no contract.
C) an implied contract.
D) a quasi contract.
A
You might also like to view...
When a company acquires treasury stock, what effect does this transaction have on earnings per share and legal capital, respectively?
A) decrease, increase B) increase, decrease C) decrease, decrease D) increase, none
Amity Inc. is a firm which collects and processes household data and sells it to other firms which produce consumer durables. Amity is an example of a ________ research firm
A) custom marketing B) specialty-line marketing C) syndicated-service D) generic marketing E) focused marketing
Identify four factors that make a marketing mix more desirable than others
What will be an ideal response?
An information audit does what?
a. Uncovers current information sources b. Uncovers current information uses c. Uncovers both current information sources and uses d. Uncovers neither current information sources nor uses