« previous next »

Author Question: In a letter or credit, the _______ will be the drawer of the drafts that will be drawn under a ... (Read 72 times)

AEWBW

  • Hero Member
  • *****
  • Posts: 579
on: Jun 24, 2018
In a letter or credit, the _______ will be the drawer of the drafts that will be drawn under a letter of credit.
 A) correspondent bank.
 B) issuer.
 C) beneficiary.
 D) advising bank.

Question 2

James Morgan executed a valid will on December 14, 2005. On July 14, 2010, James crossed out several provisions of the will. On February 13, 2013, James had a lawyer draw up another will. On February 15, 2015, James had still another lawyer draw up another will. The executor of the estate has found the four wills and the distribution provisions are all different under each of the wills. Which statement best describes the situation the probate court faces?
 A)All of the wills are invalid because they are contradictory.
 B)The 2010 will is invalid because portions of it were crossed out.
 C)The original 2005 will is the only valid one.
 D)The 2015 will is the one that will be admitted to probate.


karlss

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Biotic interactions within and among three Aspen Parkland community types, drawn by Bird Biotic interactions within and among three Aspen Parkland community types, drawn by Bird
Life-cycle of the Sun; sizes are not drawn to scale Life-cycle of the Sun; sizes are not drawn to scale
Anterior Drawer Test of the Ankle Anterior Drawer Test of the Ankle
Tickler file using a file drawer. Tickler file using a file drawer.
Zone dimensions are not drawn to scale. Zone dimensions are not drawn to scale.
The letter house The letter house
Video: Olfaction. or the sense of smell

For a complete list of videos, visit our video library