In the United States, the Foreign Credit Insurance Corporation:

A) is a subsidiary of the Export-Import Bank.
B) provides letters of credit for U.S. importers.
C) provides letters of credit for U.S. exporters.
D) provides policies that protect U.S. exporters against default by foreign importers.

Answer: D

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A major disadvantage of the corporate form of organization is the manner in which corporations pay income taxes

a. True b. False Indicate whether the statement is true or false

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