Which of the Following Correctly States the Role of Banks

question 31

Multiple Choice

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

• A)The importer's bank is the advising and\or confirming bank;the exporter's bank is the issuing bank.
• B)The exporter's bank is the advising and\or confirming bank;the importer's bank is the issuing bank.
• C)The exporter's bank is the advising,confirming,and issuing bank.
• D)The importer's bank is the advising,confirming,and issuing bank.
• E)none of the above

Recognize the importance of environmental factors and community infrastructure in disease prevention.

Understand the historical development of public health initiatives and their impact on community health.

Analyze the role of government and non-governmental organizations in the advancement of public health.

Identify key figures and their contributions to public health and nursing.

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Definitions:

Issuer

An entity that offers securities for sale to finance its operations, such as a corporation or government.

Lead Underwriter

The primary bank or financial institution responsible for arranging and managing a syndicate of underwriters for a public offering or financing deal.

Subscription Price

The price at which existing shareholders are allowed to buy additional shares in a company during a rights offering, typically at a discount to the current market price.

Rights Offering

A process in which a company offers its shareholders the opportunity to buy additional shares, typically at a discount, before the company offers them to the public.