Letters of credit are popular among traders because the risk of non-shipment is assumed by <u>blanks.</u>
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A trader is a character who engages in shopping for and promoting monetary belongings in any financial marketplace, either for themself or on behalf of every other individual or organization. the principle difference between a dealer and an investor is the period for which the character holds the asset.
Traders are accountable for making costs and executing trades in equities, bonds, commodities, and foreign exchange, generally dealing on behalf of, or for the advantage of, investment banks.
Buying and selling turned into the main facility of prehistoric humans, who exchanged items and offerings from very different in the present economy earlier than the innovation of contemporary-day currency. Peter Watson dates the records of long-distance trade from c. one hundred fifty,000 years in the past.
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Answer:
B) the goal of sharing information among members
Explanation:
Work groups mainly work for sharing of information, among different groups and individuals. This further helps individuals to make any kind of decisions, in his or her areas of specification.
They are further characterized based on the neutral synergy,
Based on individual accountability, based on various random components.
The main characterization is based on the information shared and the attributes of such information.
Correct statement is
Statement B
When economists say that monetary policy can exhibit cyclical asymmetry, this simply means that expansionary and restrictive monetary policy do not have the same potential for economic contraction and expansion. This is an imbalance in terms of economic factors in the economy.<span> </span>
Answer:
d. share profits and losses according to the state's Uniform Joint Venture Act.
Explanation:
Answer:
a. $45,600
b. $45,296
Explanation:
The computation is shown below:
a. The proceed of the note is always equal to the face amount i.e $45,600
b. After considering the discounted rate, the proceed of the note is
= ($45,600) - ($45,600 × 8% × 30 days ÷ 360 days)
= $45,600 - $304
= $45,296
After considering the discount rate and the issuing days, the proceed of the note could come
