InterComp Normally Sells $50,000 Worth of Software to Power Source

question 11

Multiple Choice

InterComp normally sells $50,000 worth of software to Power Source, a retail elec?tronics store, each summer on terms requiring payment in sixty days. One year, InterComp wants cash, but Power Source wants the usual sixty days. To meet both needs, the parties can arrange

• A) a certificate of deposit.
• B) a bearer bond.
• C) a trade acceptance.
• D) an international letter of credit.

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Definitions:

Homicide

The act of one human killing another, ranging from accidental to premeditated murder, and regarded as a severe crime under the law.

Suicide

The act of intentionally causing one's own death.

Genocide

The deliberate killing of a large number of people from a particular nation or ethnic group with the aim of destroying that nation or group.

Psychological Separation

The process of becoming an independent individual by establishing emotional and cognitive boundaries from others.