The answer to this question is <span>acceptability
The </span><span>acceptability characteristic refers to whether the currency is accepted as a medium of exchange for the transaction in the market.
Currency that has high rate of acceptability tend to be less volatile in the foreign exchange market and attract more investment.</span>
Answer:
ABC is the BENEFICIARY under the letter of credit and will be paid under a standard letter of credit AFTER ABC DELIVERS TO THE BANK THE BILL OF LADING AND ANY OTHER DOCUMENT SPECIFIED UNDER THE LETTER OF CREDIT.
Explanation:
A letters of credit (LC) is issued by the buyer's bank to the seller's bank in order the guarantee the payment for a foreign commerce transaction. The payment s competed after the seller provides the documents needed to prove the delivery of the goods.
Answer:
$14,091
Explanation:
The compounding formula would be used here, which is as under:
Future Value = P * [1 - (1+i)^-n] / i
Here
P is the periodic payments of $2,100
n is the number of periodic payments made which is once in a year and total of 10 in 10 years. So n = 10 number of periodic payments.
r is the annual interest rate which is 8%
By putting this value in the equation, we have:
Future Value = $2,100 * [1 - (1 + 8%)^-10] / 8%
Future Value = $14,091
Answer: Two Factor Theory
Explanation:
The two factor theory is also referred to as the Herzberg's motivation-hygiene theory and it states that job satisfaction and job dissatisfaction in a workplace are caused by different factors and these factors act independently of each other.
The factors are the hygiene factors and
the motivating factors. If the hygiene factors isn't present, an employee will work less. On the other hand, the motivating factors will make an employee to work harder when it's present.. Two factor theory argues that employee productivity increases as managers pay more attention to their employees.
