A letter of credit awards the title of a product or service to the issuing bank.

a. true
b. false

Ans: b. false

Business

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A corporation cannot ratify an unauthorized act committed by its corporate officer

Indicate whether the statement is true or false

Business

Bankruptcy, International Trade, and Tax are all types of:

A) special state courts. B) federal special courts. C) special state standing courts. D) none of the above.

Business