Sometimes a Third Bank,in Addition to the Issuing Bank and the Advising

question 21

Multiple Choice

Sometimes a third bank,in addition to the issuing bank and the advising bank,becomes involved with a letter of credit.This bank is called a

• A) primary bank.
• B) secondary bank.
• C) intermediary bank.
• D) amending bank.
• E) None of the above

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Definitions:

Emotional Support

Assistance provided through empathy, concern, and understanding to help someone cope with stress or difficulties.

Motivated to Change

The state of being willing or driven to alter one's behavior, circumstances, or perspectives in pursuit of improvement.

Bulimics

People dealing with bulimia nervosa, an eating disorder marked by a cycle of overeating followed by forced vomiting or other methods to prevent weight gain.

Anorexics

Individuals who suffer from anorexia nervosa, an eating disorder characterized by an obsessive fear of gaining weight and severe restriction of food intake.