« previous next »

Author Question: World Inc wanted to sell sugar-free candy made by Sweets (a U.S. company) to an Italian company, ... (Read 228 times)

neverstopbelieb

  • Hero Member
  • *****
  • Posts: 534
on: Jun 24, 2018
World Inc wanted to sell sugar-free candy made by Sweets (a U.S. company) to an Italian company, Ferraro. The goods were to be paid for by an irrevocable letter of credit issued in the name of World. The letter of credit stated that drafts must be accompanied by a bill of lading, packing list, FDA approvals, and certificates of insurance. Drafts were to be presented to C Bank before March 15, 2009 . After shipping the candy to Ferraro, World presented the Bank with the required documentation on March 21, 2009 . The Bank should:
 a. pay the draft as required by the letter of credit because it is irrevocable b. pay the draft because all the required documentation is in order
  c. pay the draft because Ferraro would be unjustly enriched if it received the goods and did not pay for them d. not pay the draft because the letter of credit is irrevocable
  e. none of the other choices

Question 2

The ______ has primary responsibility for sanitation of meat, poultry, and eggs:
 a. U.S. Chemistry Bureau b. U.S. Food Bureau
  c. U.S. Department of Agriculture
  d. U.S. Department of Food and Drugs e. U.S. Department of Meat
International Business ¦ Daniels, Radebaugh, Sullivan ¦ 16th Edition
Buy Test-Bank


momolu

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jun 24, 2018
Answer to Question 1

e

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Museo d'arte antica in the Sforza Castle in Milan, Italy: Italian stained glass with heraldic w Museo d'arte antica in the Sforza Castle in Milan, Italy: Italian stained glass with heraldic w
The fibers in silk cloth and in a spider web are made up of the protein fibroin The fibers in silk cloth and in a spider web are made up of the protein fibroin
Italian Islands - Levanzo, Sicily Italian Islands - Levanzo, Sicily
Chair made from tree Chair made from tree
Global Stratification: Income of the World's Nations Global Stratification: Income of the World's Nations
Photosynthesis: How Glucose Is Made During photosynthesis, the leaves of green plants absorb Photosynthesis: How Glucose Is Made During photosynthesis, the leaves of green plants absorb
Video: Kidney Stones

For a complete list of videos, visit our video library