Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Business Law & Ethics Expert

Answer all the problems

problem1) ‘A letter of credit transaction essentially comprises a number of contracts entered into by the various parties involved. The rights and obligations of the various parties are thus determined and governed by the terms of the respective contracts, interpreted against the background of the country’s law relating to contracts.’

Banks play a significant role in letters of credit/documentary credit. Discuss the rights and obligations that are created within the legal relationship between the parties.

problem2) Describe the process involved in terms of a contract of international sales which provides that payment must take place by way of letter of credit.

2.1 Name and discuss the parties to a documentary letter of credit.

2.2 Describe the process of a documentary letter of credit.

Business Law & Ethics, Finance

  • Category:- Business Law & Ethics
  • Reference No.:- M93066

Have any Question? 


Related Questions in Business Law & Ethics

Prepare a 3 page paper which details the differing

Prepare a 3 page paper which details the differing responsibilities of both federal and state law enforcement agencies seeking to ensure border safety. ADDRESS: (1) Have border security issues and law enforcement goals c ...

In a 3- page analysis paper address the following describe

In a 3- page analysis paper, address the following: Describe the type of service you have selected. Briefly explain the related laws that govern the practice of the selected service. Discuss the specific ethical standard ...

The purpose of the final paper is to analyze and explain

The purpose of the Final Paper is to analyze and explain the similarities and differences between traditional policing and COPPS as well as infer the future of police leadership. Within the scope of the paper the student ...

1- chris goes into best computer store looking for a new

1- Chris goes into Best Computer store looking for a new computer. He wants something that is top of the line and portable. After looking over everything in the store and talking to Pierre, Chris decides on a 1.3 kilogra ...

Crime and criminologycriminology studies criminal behavior

Crime and Criminology Criminology studies criminal behavior in society. Criminal behavior is behavior that breaks criminal codes established by our society. In a well-constructed, one page essay (400+ words), discuss the ...

Essay homeland security technology and ethical issuesgiven

Essay: Homeland Security Technology and Ethical Issues Given your education in homeland security, you have been newly hired to work within the DHS Science and Technology Directorate. Your first assignment, intended to le ...

Discussion -explain the purpose of consumer protection laws

Discussion - Explain the purpose of consumer protection laws in your own words.  Based on your personal experiences, do you think that consumer protection laws are effective? Why or why not?

Write a research paper that analyzes the evolving

Write a research paper that analyzes the evolving relationship between business and society.  Choose at least three of the topics from the course learning objectives (listed below), and clearly identify how the topics di ...

Write a paper of 700- to 1050-words in which you discuss

Write a paper of 700- to 1,050-words in which you discuss the roles of law and courts in today's business environment. Differentiate the federal court structure with your state's court structure. Discuss the concept of j ...

Text book - introduction to law enforcement an insiders

Text Book - INTRODUCTION TO LAW ENFORCEMENT AN INSIDER'S VIEW, FOURTH EDITION by William G. Doerner Chapter 3 - The Structure of American Law Enforcement 1) In a narrative format of no less than (500 words), brief the Jo ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro