A letter of credit: a. is a written instrument that orders ...

[londonang]

A letter of credit:
 a. is a written instrument that orders payment of a certain sum of money to the party specified by the bill b. is a financial document that permits the exporter to ship goods between countries without pre-customsclearance
 c. is a financial device for repatriation of foreign profits under WTO standards
  d. is a government document that provides for the purchase of goods from foreign sellers on open account e. none of the other choices

Question 2

Prior to the Food and Drug Administration's creation in 1927, the ______ administered the Food and Drug Act.
 a. Bureau of Chemistry of the Department of Agriculture
  b. Bureau of Land Management
  c. Bureau of Food and Drug Regulation
  d. Bureau of Consumables of the Department of Agriculture e. Bureau of Food of the Department of Agriculture

[flexer1n1]

Answer to Question 1

e

Answer to Question 2

a

[londonang]

Thanks for the timely response, appreciate it

[ricroger]

Great answer, keep it coming