In terms of using a third party in international trade, title to the products is given to a bank by the exporter in the form of a document known as a:

A. merchandise bill.

B. bill of lading.

C. bill of exchange.

D. draft.

E. letter of credit.

B

Business

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Information that is gathered for measuring the effectiveness of a performance management system but is irrelevant represents "_____" of the performance measure.

A. validity B. deficiency C. contamination D. reliability E. specificity

Business

The monthly taxes on a property are $400. If the tax rate is $4 per $100 of assessed value, what is the assessed value?

A) $480,000 B) $100,000 C) $120,000 D) $192,000

Business