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3241004551 [841]
3 years ago
6

Which of these is an example of a bank’s commitment to pay? a. Fee arbitration agreement b. A warrant c. Letter of credit d. Bil

l of lading
Business
1 answer:
igor_vitrenko [27]3 years ago
7 0

Answer:

Letter of credit

Explanation:

A letter of credit is a written guarantee from a buyer's bank to the seller, assuring them of payments from the buyer. Should the buyer fail to honor the payments, the bank commits itself to pay. The letter of credit guarantees the seller that upon meeting some pre- defined conditions, the bank would release to them a specified amount, in the stated currency.

Letters of credit are most suited for international trade. The nature of foreign trade is that buyers and sellers do not know each other and operate under different laws. A letter of credit assures each party that the other will fulfill their obligation. The issuing bank will charge for providing the letter of credit services.

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Dana is watching television when a commercial for a brand of bathroom cleaner comes on. She is not very interested in the produc
Len [333]

Answer:

Peripheral route.

Explanation:

The peripheral route to persuasion occurs when the listener decides whether to agree with the message based on other cues besides the strength of the arguments or ideas in the message.

8 0
3 years ago
Coca Cola embarked on a program to replenish all of the water it uses in drinks and made good on its promise five years early th
maksim [4K]

Answer:

a. a collaborative solution to doing global business more sustainably.

Explanation:

Collaboration is the process by which different working parts of a system interact to achieve a set goals.

Coca cola wanted to replenish all of the water it uses in drinks.

This was achieved five years early because of collaborative efforts of 248 community water partnership projects in 71 countries.

3 0
4 years ago
Other things equal, the demand for a good tends to be inelastic (less elastic), the longer the time period considered. more the
Marta_Voda [28]

Other things equal, the demand for a good tends to be more inelastic A) the fewer the available substitutes.

Inelastic merchandise is usually necessities without applicable substitutes. The maximum commonplace goods with an inelastic call for are utilities, pharmaceuticals, and tobacco products. companies imparting such merchandise hold greater flexibility with prices because demand stays constant even if fees boom or decrease.

Inelastic is a monetary term regarding the static amount of a terrific or service while its price adjustments. The inelastic manner that when the rate goes up, customers' shopping for habits live about the same, and when the rate goes down, consumers' shopping for conduct additionally remains unchanged.

An elastic call for is one in which the exchange in quantity is demanded because of exchange in rate is huge. An inelastic call is one in which the change in the amount demanded due to an alternate in charge is small.

Learn more about inelastic here brainly.com/question/7694106

#SPJ4

8 0
2 years ago
Select the correct answer from the drop-down menu.
MissTica

Answer: Macro, External

Explanation:

Macroeconomics effect the entire world, while it scrutinizes the external forces that affect the company.

3 0
3 years ago
Exercise 20-18 Budgeted cash receipts LO P2 Jasper Company has sales on account and for cash. Specifically, 70% of its sales are
horsena [70]

Answer:

$1,756,600.

Explanation:

                                         P2 Jasper Company

                                     Budgeted cash Receipt

                                           For the 2nd quarter

                                                           April                   May                  June

Accounts Receivable                        $400,000

70% in the month of Sale                  $367,500          $374,500      $392,000

30% in the month after Sale                                        $110,250        $112,350

Budgeted cash receipt                     $767,500           $484,750       $504,350

Total budgeted cash receipt for the 2nd quarter = $767,500 + $484,750 + $504,350 = $1,756,600.

30% in the month after sale means 30% amount will be received in the following month.

6 0
3 years ago
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