The ____ Was Established in 1934 with the Intention to Facilitate

question 6

Multiple Choice

The ____ was established in 1934 with the intention to facilitate Soviet-American trade.

• A) Domestic International Sales Corporation (DISC)
• B) Private Export Funding Corporation (PEFCO)
• C) Export-Import Bank
• D) Foreign Credit Insurance Association (FCIA)

---

Definitions:

Substantial Performance

Substantial performance refers to a situation where a party has fulfilled enough of their contractual obligations to warrant payment, even if minor elements are still uncompleted.

Strict Performance

A legal concept that requires parties to completely fulfill the obligations of a contract without deviation.

Unconditional Duty

An obligation that must be fulfilled without any conditions or stipulations.

World Famous

describes a person, place, or thing that is widely recognized and honored across the globe.