A Written Order for the Bank to Pay a Third

question 124

Multiple Choice

A written order for the bank to pay a third party a stated amount of money on a specific date without any conditions or strings attached is called a(n)

• A) banker's guarantee.
• B) banker's acceptance.
• C) letter of credit.
• D) international promissory note.
• E) international charge agreement.

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Definitions:

Civil Rights

The rights of citizens to political and social freedom and equality.

Relative Deprivation

A feeling of dissatisfaction or injustice experienced by individuals who perceive themselves as having less than others to whom they compare themselves.

Disadvantaged Groups

Populations or communities that experience a lower quality of life or diminished opportunities for success and wellbeing due to social, economic, or political barriers.

Similarly Deprived

Describes individuals or groups who lack similar resources, rights, or privileges, often leading to a shared disadvantage.