The Term "Under Reference" Refers To

question 51

Multiple Choice

The term "under reference" refers to:

• A) An unavailability of credit limit for the counterp
• B) The need to reconfirm a transaction.
• C) The unacceptability of the counterparty's name.
• D) The rate quoted is going to be revised.

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Definitions:

Severe Drought

A prolonged period of excessively dry weather leading to a significant shortage of water.

Jamestown

The first permanent English settlement in North America, established in 1607 in present-day Virginia.

English Catholics

Members of the Catholic Church residing in England, who faced periods of persecution and discrimination, particularly after the English Reformation which established the Church of England.

Titled Aristocracy

A class of nobility in some countries who hold titles conferred by a monarch or other hereditary system, often with privileges and responsibilities.