If this is a true or false question, the answer is true.
Answer:
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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:
This may vary from country to country but for the purpose of this question. Am choosing U.S. since its a country that have very wider connection with other countries of the World.
Article II Section 2 of the U.S. Constitution, the Commander in Chief clause, states that President shall be Commander in Chief of the Army and Navy of the United States, and of the Militia of the several States, when called into the actual Service of the United States.
First off answer D is logical but is expected however just by remaining calm doesn’t mean you’ll handle the situation so in order to actually handle a situation you call 911 obviously. Trick question, completely unspecified.
