specified documents‚ the letter of credit is called Documentary Letter of Credit or‚ in short‚ Documentary Credit. The Uniform Customs & Practice for Documentary Credit (UCPDC) published by International Chamber of Commerce (2007) Revision; Publication No. 600 defines Documentary Credit: “Credit means any arrangement‚ however named or described‚ that is irrevocable and thereby constitutes a definite undertaking of the issuing bank to honor a complying presentation.” Complying presentation means a
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QUESTION 1: Watch the video on the Bhopal Chemical Disaster: http://www.youtube.com/watch?v=0csW97x8d24 (WARNING: This video contains graphic and disturbing images. If you elect not to view it‚ please research another link regarding Bhopal. ) Briefly discuss your reaction to this disaster and identify three potential mitigations that could have/shound have been in place. The Bhopal Chemical Disaster was a horrible incident and was hopefully a learning experience for the world. It is truly
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Unemployment and it’s situation in asia: Introduction: Statement of problem: Unemployment is the number of employees who are at least 16 years old‚ who are not working‚ and who have been trying to find a job. Lacking a job often means lacking social contact with fellow employees‚ lack of self-esteem‚ mental stress and illness‚ and of course the inability to pay bills and to purchase both necessities and luxuries. These effects are especially serious for those with family obligations‚ debts
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Introduction: Southwest Asia or Middle East‚ geographic and cultural region located in southwestern Asia and northeastern Africa. The geopolitical term Middle East‚ first coined in 1902 by United States naval officer Alfred Thayer Mahan‚ originally referred to the Asian region south of the Black Sea between the Mediterranean Sea to the west and India to the east. The first civilizations of the Middle East‚ which grew in the valleys of the Nile‚ Tigris‚ and Euphrates rivers‚ are among the oldest
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ARMY REGULATION 600-20 Chapter 3 contains information on Enlisted Aspects of Command including delegation of authority‚ noncommissioned officer support channel‚ precedence of relative grade‚ and date of rank‚ enlisted soldiers. Delegation of authority basically explains that whomever is in charge‚ wheather it be an officer or NCO will properly delegate all authority to the correct channels or individuals. The NCO support channel has 10 major missions in their job. Transmitting ‚ instilling and
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The relationship between the locals and the Europeans was very important in Southeast Asia during the time of the sixteenth to eighteenth centuries. The local rulers that were established had maintained a grip on their territory and had to be consulted before setting up trading posts. Any Europeans that ventured down to this region must have been prepared for what they would be encountering on its shores. Whether it was the Dutch from the Netherlands‚ the English country traders‚ the Portuguese or
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From 1450 to 1750‚ Europe underwent significant cultural changes in religion and science. However‚ the air of skepticism and the utilization of literature remained constant throughout the Renaissance and Scientific Revolution. During the time period of 1550-1700‚ The Scientific Revolution brought about many changes in religion as compared to the preceding Renaissance movement. For example‚ religious realizations of the Italian Renaissance revolved around the idea of Humanism. Although the Catholic
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Pivot to Asia is the shift of focus of United States of America from Europe and Middle East to Asia. The rise of China as a superpower‚ the growing influence of Australia‚ India‚ Korea‚ and the ASEAN members on global economic growth and the U.S.’s feeling that they have left out Asia are the three reasons why this was implemented. Also‚ it has the mean to strengthen ties with allies China‚ including Burma‚ India‚ Korea‚ Japan‚ Philippines and Vietnam (Sung-joo‚ 2012). It is a positive development
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English 1301 February 17‚ 2012 English and American Life I was born in England in 1970 and lived there until I was 10 years old. In 1980‚ my mother and I immigrated to the United States. I spent the rest of my childhood in Miami‚ moved around the country for a while‚ and settled in Houston when I was 20. All of my family still resides in England‚ except for my mother and me. Although we have lived here for over 30 years‚ we both still retain our English citizenship. While there are vast similarities
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The East is East and the West is West! China is the one of the largest countries in the world. As to population China is the first country in the world. China is a great country. China has a recorded history of nearly four thousand years. Key Issues What is “culture”? Substantial differences among societies arise from cultural differences Culture differences are related to social structure‚ religion‚ language‚ education‚ economic and political philosophy “Culture” and workplace values are
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