In a ________, One Party Directs Another Party to Make

question 66

Multiple Choice

In a ________, one party directs another party to make payment.

• A)reverse letter of credit
• B)commercial bill of exchange
• C)commercial bill of trade
• D)confirmed irrevocable foreign-exchange transaction

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Definitions:

Organizational Climate

The overarching environment and culture within a company, shaped by shared perceptions and attitudes of its employees.

Worker Morale

The overall outlook, attitude, satisfaction, and confidence that employees feel at work.

Achievement Needs

Occur in people who are goal oriented and take personal responsibility for achievements.

Manifest Needs Theory

A psychological theory that suggests individual behavior is driven by specific and identifiable needs.