Question
A ______ is a document from a bank guaranteeing that a
seller will receive payment in full as long as certain delivery conditions have been met.Solution
Letter of Credit is a written undertaking given by a bank (issuing bank) to the seller or exporter (beneficiary) on the instruction of the buyer or importer (applicant) to pay at sight or at a determinable future date up to a stated amount of money subject to the beneficiary’s satisfactory compliance of presentation of documents. It is also known as a documentary credit.
Select the correctly punctuated sentence from the options below.
Select the correct passive form of the given sentence.
The authorities are planning to lift restrictions on the movement of people in the Valle...
Organizing World Cup matches in England imply that rains can be a constant threat.Â
What is the correct comparative form of the adjective "good"?
Tender
I. A local firm submitted the lowest tender .
II. The fresh scallops and prawns were briefly cooked thus creating tender , jui...
The perseverance of the small island nation allowed it to pull up the devastating aftermath of the natural disaster, rebuilding its communities...
The law on bail and habeas corpus was the outcome of the atrocities meted out to the common citizen by those in power. This law must be treated as a fac...
Out of the statements given below, one statement may be grammatically and contextually correct. Choose the correct statement as your answer. If all the...
A joint statement issues (A)/ at the end of the summit said that (B)/ the filming of a biopic on Bangabanhdu (C)/ would beginning under the direction (D...
Choose the correct combination of grammatically incorrect sentences
I. The ongoing crisis in Afghanistan, marked by the Taliban's takeover of t...