A Letter of Credit

question 33

Multiple Choice

A letter of credit:

• A) cannot last for more than five years.
• B) may be in either oral or written form.
• C) can only be issued by a bank.
• D) must be in writing and signed by the issuer.

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Definitions:

W.B. Du Bois

An influential African American sociologist, historian, and civil rights activist, co-founder of the NAACP, best known for his exploration of racial identity and critiques of segregation.

Integration

The process of bringing together and incorporating individuals or groups into a larger entity or system, often used in the context of racial or social integration.

Economic Security

Having a steady flow of income or assets that ensures one's lifestyle can be sustained at present and in the near future.

Smith Act

is a U.S. federal law enacted in 1940 that set criminal penalties for advocating the overthrow of the U.S. government.