Letter of Credit Transactions Involve ______ Contract(s)

question 19

Multiple Choice

Letter of credit transactions involve ______ contract(s) .

• A) one (1)
• B) two (2)
• C) three (3)
• D) four (4)

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Definitions:

Relatedness Needs

The human need to form and maintain strong, stable interpersonal relationships.

Social Needs

Human requirements for companionship, belonging, and acceptance within society or specific social groups.

Maslow's Hierarchy

A psychological theory proposed by Abraham Maslow, which presents a hierarchy of human needs in the form of a pyramid, starting from basic physiological needs to the need for self-actualization.

ERG Theory

A motivational theory developed by Clayton Alderfer that categorizes human needs into existence, relatedness, and growth needs.