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.
Tina has the right to sue the company that sold her the product arguing that it had been recalled as potentially dangerous to consumers and she should be compensated for the damages caused by the dryer.
<h3>What should Tina do?</h3>
Tina must seek help from the Federal Trade Commission, this institution is in charge of protecting consumers and promoting competition between companies.
Based on the foregoing, Tina can rely on this institution to sue the company that sold her the dryer because this product had been withdrawn from the market for being dangerous.
So the company that sold him the dryer was committing a crime for selling this object. Additionally, this company must compensate Tina for the damages caused by this product.
Learn more about consumer in: brainly.com/question/950909
Answer:
2 is false.
Explanation:
The supreme court does act as the last court of appeals (with cases regarding constitutional law and federal law), after local and state courts. It also hears cases that involve the US Constitution. Small Claim Courts settle local cases involving small amounts of money, not the Supreme Court. Therefore, 2 is false.
