Examlex
Which of the following best describes the definition "A conjunctive adverb is an adverb that has a conjunctive function between two clauses"?
Confirmed Letter of Credit
A letter of credit issued by one bank with the validation of another bank, ensuring payment to the beneficiary as long as the stated conditions are met.
Fraudulent Preference
A debtor’s payment of money to one creditor to give that creditor preference over the other creditors.
Breach of Contract
The violation of any of the agreed-upon terms and conditions of a binding contract, which may result in legal action.
Chartered Banks
Chartered Banks are financial institutions that have been granted a charter or license by the government, allowing them to operate and offer a range of banking services, such as accepting deposits and making loans.
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