Answer:
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Answer:
Resolution
Explanation:
A law that exempts businesses or individuals from state laws is known as <u>resolution</u>.
A resolution is a kind of a bill that must be passed by both the houses- Lok Sabha and Vidhan Sabha and should be signed by the President to come into legal effect.
Resolution Law Firm refers to a firm formed by a team of lawyers which caters to the needs for quality legal services.
4 Major Instruments used for Making International Payments are Foreign Bills of Exchange; Bank Drafts; Telegraphic Transfer; Letter of Credit.
<u>Explanation:
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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.
Answer:
Embezzlement is the act of withholding assets for the purpose of conversion of such assets, by one or more persons to whom the assets were entrusted, either to be held or to be used for specific purposes.
Explanation:
