What Is the Document,issued by a Bank,that Indicates That the Bank

question 6

Multiple Choice

What is the document,issued by a bank,that indicates that the bank will make payments under specific circumstances known as?

• A) bill of lading
• B) time draft
• C) way bill
• D) sight draft
• E) letter of credit

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Definitions:

Moral Development

The process through which individuals develop proper attitudes and behaviors toward other people in society, based on social and cultural norms, rules, and laws.

Avoid Punishment

A behavior modification strategy motivated by the desire to evade consequences or negative outcomes.

Ethics Competency

The ability to understand, analyze, and apply ethical principles and values to one's professional behavior and decision-making processes.

Ethical Leadership

The practice of leading by demonstrating ethical behavior, serving as a model for integrity and fairness.