Advising with a letter - Study guides, Study notes & Summaries

IACCP Master Questions Bank | 170 Questions and 100%Correct Answers Latest Update 2024. The SMC Capital, Inc. No-Action Letter (September 5, 1995) states that trade allocations may occur: A. Only on a rotational basis B. On a pro rata basis but other allocation methods can be used without violating the Advisers Act C. Only on a pro rata basis D. Based on the trader's good faith discretion Correct Answer: B. On a pro rata basis but other allocation methods can be used without violating t...

1. A student nurse who is not yet licensed: a. may not perform nursing actions until he or she has passed the licensing examination. b. is not responsible for his or her actions as a student under the state licensing law. c. are held to the same standards as a licensed nurse. d. must apply for a temporary student nurse permit to practice as a student. ANS: C Student nurses are held to the same standards as a licensed nurse. This means that although a student nurse may no...

A supply manager issues a request to proposal for engineering services. In order to provide clarification on the specification on the specifications, the company holds a question-and-answer session for interested suppliers. Shortly after the question-andanswer session is held and before any proposals are actually received, the firm's engineering department revises the specifications. Given this situation, which of the following should the supply manager do FIRST? (A) Call and email the sup...

CPSM Diagnostic Practice Exam Questions With 100% Correct Answers Latest Update 2024/2025 Graded A+. Which of the following should have the MOST influence in determining end product specifications, so as to minimize the potential for returns? (A) Marketing (B) Supply management (C) Engineering (D) Manufacturing - Answer (A) Marketing When developing specifications, a buyer may consider information from which of the following? I. Suppliers II. Industry Standards III. Professional Organi...

According to state regulation (Texas)Mold Remediation Rules, an owner or their employees are NOT required to be licensed to perform mold remediation on a residential property they own and has fewer than ______ dewelling units. 10 TMRR, Stop Date is defined as The date following a day on which final clearance is achieved following a mold remediation project. TMRR, a person whose license has expired for more than ______ ___________ must obtain a new license and must comply with current requi...

IACCP Master Questions Bank | 170 Questions and 100%Correct Answers Latest Update 2024. The SMC Capital, Inc. No-Action Letter (September 5, 1995) states that trade allocations may occur: A. Only on a rotational basis B. On a pro rata basis but other allocation methods can be used without violating the Advisers Act C. Only on a pro rata basis D. Based on the trader's good faith discretion Correct Answer: B. On a pro rata basis but other allocation methods can be used without violating t...

Who has to deposit to open exporting L/C? Select one: a. The seller b. The advising bank c. The buyer d. The issuing bank a Availability refers to the availability of funds to the beneficiary (seller) after presentation of documents under the credit. Each of the forms of payment availability must be specified in the original credit and be accepted by the ___________. Select one: a. issuing bank b. exporter c. importer d. advising bank b In a documentary credit transacti...

1 When receiving incomplete or unclear instructions for the L/C, the advising bank would be held responsible for: a. notifying the buyer first b. notifying the seller first c. notifying the issuing bank first d. notifying the confirming bank first C 2 Choose the correct statement: a. Utilization is the process of the seller shipping the goods, presenting documentation and getting paid. b. Utilization is the process of the seller shipping the goods, presenting documentation and op...

1 When receiving incomplete or unclear instructions for the L/C, the advising bank would be held responsible for: a. notifying the buyer first b. notifying the seller first c. notifying the issuing bank first d. notifying the confirming bank first C 2 Choose the correct statement: a. Utilization is the process of the seller shipping the goods, presenting documentation and getting paid. b. Utilization is the process of the seller shipping the goods, presenting documentation and op...

LML4807 EXAM PACK ANSWERS () AND 2020 BRIEF NOTES LML4807 BANKING LAW AND USAGE PAST EXAM PACK QUESTIONS AND ANSWERS (2019 – 2014) SUMMARISED NOTES 2020 LML 4807 BANKING LAW EXAM MEMO 1. Name and explain the roles of the various parties involved in documentary letters of credit. Depending on the circumstances a large number of different parties may be involved in a letter of credit. These include: -The applicant This is usual...