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

  • Hero Member
  • *****
  • Posts: 544
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

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

TRUE

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

For a complete list of videos, visit our video library