Fact Pattern 21-B1

question 27

Multiple Choice

Fact Pattern 21-B1
First State Bank issues a letter of credit in favor of Oboe Company,an American firm,to facilitate an international sales contract to buy resources from Lapland Mining,Ltd. ,a Finnish company.
-Refer to Fact Pattern 21-B1.Lapland is entitled to payment when it

• A)enters into the contract with Oboe.
• B)verifies that Oboe has the money to pay for the purchase.
• C)complies with the terms and conditions of the letter of credit.
• D)asks to be paid.

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The principle underlying a commitment to reduce and ultimately eliminate disparities in health and its determinants, including social and environmental factors.

Inequality

The state of being unequal, especially in status, rights, and opportunities.

Inequity

The lack of fairness or justice in situations, distributions, or treatments.