4 Major Instruments used for Making International Payments are Foreign Bills of Exchange; Bank Drafts; Telegraphic Transfer; Letter of Credit.
<u>Explanation:
</u>
To make payments in the foreign countries the instruments used are Foreign Bills of Exchange, Bank Drafts and Telegraphic Transfers and Letter of Credit. Each of these instruments mentioned as different methodologies in sending the money to the foreign banks.
Let us explain one by one; Foreign Bills of Exchange money drawn from country is payable at another country. Bank draft which is drawn on bank funds and payment assurance is made by the bank that issues it.
Telegraphic Transfer is an electronic method of fund transfer used mainly for overseas wire transactions. And final one is Letter of Credit is a letter given by the bank assuring that a buyer's payment to a seller will be received on time and for the correct amount.
As a result of LaShonda being assaulted while visiting the Six Flags in Georgia, the venue of the criminal case would be <u>Georgia</u>.
<h3>Why would the venue be Georgia?</h3>
The original venue of a criminal case that did not cross state lines would be the state in which the crime was committed.
Even though LaShonda is a resident of Wisconsin, the crime was committed in Georgia which means that the venue would be Georgia.
Find out more on original venues at brainly.com/question/342388.
Answer:
<u><em>True</em></u>
Explanation:
<em>The Telecommunications Act of 1996</em> was the first act to overhaul the telecommunication law. The act was passed to let anyone enter the communications business, to allow competition in communications business and implement single layer of regulation in the federal level.
It was passed by congress in January 1996, and president Bill Clinton signed it in February 1996. It allowed the companies who were serving the local market to enter the long distance market.
This deregulation broke the monopolies within the local exchange areas. The new regulations forced the local barriers to share the communications facilities with the competitors and ensured that each company was treated in an equitable and fair manner.
