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Author Question: In a letter of credit the beneficiary is the drawer of the drafts that will be drawn under the ... (Read 54 times)

robinn137

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on: Jun 24, 2018
In a letter of credit the beneficiary is the drawer of the drafts that will be drawn under the letter of credit.
  Indicate whether the statement is true or false

Question 2

Which of the following would be paid first when a personal representative is handling the distributions of an estate?
 A)Specific grants, bequests and devises
 B)Administrative expenses
 C)General distributions
 D)Advancements


coreycathey

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Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

B


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