nt to have a Chinese company manufacture goods for you but you do not know the Y
ID: 339630 • Letter: N
Question
nt to have a Chinese company manufacture goods for you but you do not know the You wa manufacturer and do not want to pay until the goods arrive and they meet your specifications. The Chinese manufacturer is demanding payment up-front, because the Chinese manufacturer does not know you. How does a letter of credit help this issue? a. The Letter of Credit provides you the c. The Letter of Credit provides a letter to ability to set terms that need to be met the manufacturer signed by you that in the Letter of Credit and provides the guarantees you will pay as soon as the seller assurances that it will get paid because the money is placed in the bank subject to meeting the terms of the letter The Letter of Credit provides a guarantee from the U State that the Chinese company will ship the goods. goods arrive on US soil The Letter of Credit provides a letter from your bank that includes your financial d. b. S Department of data testifying to your ability to make the payment in full when the goods arriveExplanation / Answer
(1)
[a is correct]
Letter of Credit is issued by the bank of the buyer to that of the seller which assures that the payment will be made by the bank even when the buyer fails to pay given certain terms and conditions as defined by the buyer are met by the seller.
(2)
[a and c are corrct]
In order for the employer be liable, it must be informed by the employee regarding harassment, there should be a fallacy in the policy existing or regarding the policy deployment.
(3)
[a and c are correct]
The Title VII defines the term “employer” to include only companies with 15 or more employees. Also, if the employee is fired for incompetence and this can if be backed up well, the employer may be excused.
(4)
[c seems correct]
EEOC requires that the employee must have 'sincerely held' religious beliefs. Though it is difficult to substantiate how much sincerely the belief is held, in this particular case, the employer may seek protection on this ground because the religion was changed by the employee immediately after she was required to work for night shifts.
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