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Explain the Count Up Overflow Bit (OV)

question 14

Essay

Explain the Count Up Overflow Bit (OV).


Definitions:

Dispute Resolution

The process of resolving disputes between parties through various methods, such as mediation, arbitration, or litigation.

Export Operations

Activities involved in sending goods or services to another country for sale.

Tariff Classification

A system used by customs to categorize goods being imported or exported to determine duties and taxes.

Sight Draft

A financial document demanding immediate payment upon presentation to the drawee.

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