The primary advantage of a letter of credit is that it reduces risk

Indicate whether the statement is true or false.

Answer: TRUE

Business

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Which of the following allows profit-seeking companies to indirectly generate the vast majority of the money in a nation's economy?

A) Dependable transportation infrastructure B) Philanthropy C) Taxes paid and purchases made by the employees they support D) Taxes paid and purchases made by the company E) Strategic CSR

Business

When a call protection provision is written into the bond indenture, the issuing company is prevented from calling the bond throughout the bond's life

Indicate whether the statement is true or false

Business