An Irrevocable Letter of Credit Cannot Be Changed Without the Agreement

question 35

Multiple Choice

An irrevocable letter of credit cannot be changed without the agreement of the:

• A) exporter.
• B) agent.
• C) importer.
• D) government.
• E) all of the above.

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Definitions:

Organizational Environment

External and internal factors that affect an organization's functioning, including social, economic, and technological influences.

Integrity Of Decisions

The quality of making choices that are upright, honest, and adhere to moral and ethical principles.

Ethical Decision-Making Process

A systematic approach to resolving moral problems by considering ethical principles, consequences, and stakeholder impacts.

Moral Philosophies

The study of principles and theories that guide individuals in determining what behaviors are right or wrong, ethical or unethical.