A ______________ L/C Is One Under Which the Beneficiary Has

question 71

Multiple Choice

A ______________ L/C is one under which the beneficiary has the right to instruct the paying bank to make the credit available to one or more secondary beneficiaries.

• A) confirmed
• B) transferable
• C) unconfirmed
• D) irrevocable

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Definitions:

Influencer

An influencer is an individual who has the power to affect purchase decisions of others because of their authority, knowledge, position, or relationship with their audience.

Spouse-dominant Decision Making

A decision-making process within families where one spouse predominantly influences the buying decisions over the other.

Purchase Decisions

The process consumers go through when selecting, purchasing, and using products or services.

Husband

A man in a marital relationship, often associated with roles of cohabitation and partnership in family or social structures.