Answer:
contacting city officials
typing
maintaining records
HOPE THIS HELPS
Explanation:
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.
The advice to Kumasi Brewery Company Limited and Miklin Hotel is that by the terms of the contract, the contract <u>is repudiated</u>.
<h3>What is contract repudiation?</h3>
Contract repudiation occurs when a party to a contract cannot perform or deliver based on the terms of the contract.
A party to the contract can repudiate or cancel the contract as a remedy for non-performance, rendering the contract null and void if a party decides to go ahead with the contract performance.
Thus, the advice to Kumasi Brewery Company Limited and Miklin Hotel is that by the terms of the contract, the contract <u>is repudiated</u>.
Learn more about contract repudiation at brainly.com/question/7053473
