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What must the underwriter protect against when more poor risks than good risks apply for insurance?
Restriction of Coverage, Acceptance only at a higher rate, refusal to accept the risk.
What is DA credit?
DA credit, or Document Acceptance credit, typically refers to a form of trade financing used in international transactions. It allows exporters to receive payment after shipping goods, with the buyer agreeing to pay at a later date, often backed by documents proving shipment. This arrangement helps facilitate smoother trade by balancing the risks between buyers and sellers while ensuring that both parties meet their obligations.
What are the risks for exporters working with documentary collection terms?
Exporters using documentary collection terms face several risks, including the possibility of non-payment or delayed payment, as the bank only acts as an intermediary and does not guarantee payment. There is also the risk of documents being rejected by the buyer's bank if they do not comply with the terms agreed upon, which can lead to costly delays. Additionally, exporters may have limited recourse if the buyer refuses to accept the goods or documents after shipment. Overall, while documentary collection is less secure than letters of credit, it offers a lower cost option that comes with inherent risks.
Enumerate the legal risks and complications that may occur in managerial communication. what are possible safeguards against each risks?
Please Define me answer of these questions as early as possible i m very greatfull to u Enumerate the legal risks and complications that may occur in managerial communication. what are possible safeguards against each risks what are possible safeguards against each
How can this document be used to argue against America going to war with Mexico?
This document can be used to argue against America going to war with Mexico by highlighting the potential economic, social, and diplomatic consequences of such a conflict. It may emphasize the importance of peaceful negotiation and cooperation over military action, showcasing historical examples of successful resolutions. Additionally, the document can outline the risks of loss of life and destabilization in the region, advocating for more constructive approaches to address grievances instead of resorting to warfare.
What is call edf letter of creditis this is a type of LC?
An EDF (Export Development Fund) letter of credit is a specific type of financial instrument designed to facilitate international trade by providing assurance to exporters that they will receive payment for goods or services. This type of LC is often backed by government programs or financial institutions to support exporters, particularly in developing countries. It helps mitigate risks associated with international transactions and ensures that exporters can access necessary financing for their operations.
What are the safe guards against the each risks?
enumerate the different legal risks anible safegaurds against each riskd complications that may occur in managerial communication.what are the poss
What Is total Risk acceptance?
Total risk acceptance refers to the decision-making process in which an organization acknowledges and accepts the potential risks associated with a particular project or business strategy. This approach implies that the organization is willing to bear the consequences of these risks, often because the potential benefits outweigh the risks involved. It is a crucial aspect of risk management, as it helps organizations prioritize their resources and focus on strategies that align with their risk tolerance levels.
What are the risks and benefits of being vaccinated against tb?
because you can die
What type of insurance coverage is recommended for vending machines to protect against potential risks and liabilities?
For vending machines, it is recommended to have commercial general liability insurance to protect against potential risks and liabilities.
Is insurance a scheme or a legitimate way to protect against financial risks?
Insurance is a legitimate way to protect against financial risks by pooling resources to provide coverage for unexpected events, rather than a scheme.
A private placement memorandum is an extremely complex what?
A private placement memorandum is an extremely complex document. This type of document is primarily used in the financial sector. It allows the entrepreneur to present all of the risks to the investor.
