Which of the Following Incorrectly States the Role of Banks

question 9

Multiple Choice

Which of the following incorrectly states the role of banks in import\export transactions involving a letter of credit (L\C) ?

• A)The exporter's bank is the advising and\or confirming bank.
• B)The importer's bank is the advising and\or confirming bank.
• C)The importer's bank is the advising,confirming,and issuing bank.
• D)The exporter's bank is the advising,confirming,and issuing bank.
• E)The importer's bank is neither advising nor confirming bank.

Comprehend the various perspectives in psychology (e.g., psychodynamic, cognitive, behavior genetics, social-cultural) and their distinctive focuses.

Recognize the influence of social and cultural factors on behavior and mental processes.

Understand the role of neuroscience in explaining the impact of biological factors on behavior and mental health.

Understand and apply basic concepts of probability distributions.

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Definitions:

Papal Mandates

Orders or commands issued by the Pope, the head of the Roman Catholic Church, concerning religious doctrine, practice, or governance.

Scurvy

A disease resulting from a deficiency of vitamin C, characterized by swollen gums, bleeding, and weakness.

Northeastern Indians

Indigenous peoples native to the northeastern part of North America, each with their own distinct cultures, histories, and social structures.

Jesuits

A Catholic religious order known as the Society of Jesus, focused on education, intellectual research, and missionary work.