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Tju [1.3M]
2 years ago
9

The person who is granted authority by the Principal to act on their behalf using a power of attorney is called a ______________

_. A.) Appointee B.) Attorney in Fact C.) Agent D.) All of the above E.) None of the above
Law
1 answer:
Soloha48 [4]2 years ago
8 0
The answer for this question is: D
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EASY//
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To the question you asked the answer is D
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what type of instrument would you most likely use if you needed to send money to a foreign country?why?
Ira Lisetskai [31]

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.

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