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NEW QUESTION: 1
Issuing Bank, a foreign bank, maintains an account with First National Bank, a U.S. bank. Issuing Bank issues a letter of credit in favor of ABC, Inc., a U.S. corporation. The letter of credit contains a boycott provision. The letter of
credit provides that any negotiating bank may obtain reimbursement from Issuing Bank's
account at First National Bank by certifying that the conditions of the letter of credit have been met. Issuing Bank does not send First National Bank a copy of the letter of credit. May First National Bank reimburse negotiating banks for the letter of credit when it contains a boycott provision?
A. Yes. First National Bank did not know of it, so it may reimburse a negotiating bank.
B. No. First National Bank is under a duty to determine the underlying conditions of any letter of credit it pays.
C. Yes, provided ABC Company is not a participant in the boycott.
D. No. First National Bank should request a copy of the letter of credit at the time of its payment and then refuse to pay once it is aware of the provision.
Answer: A

NEW QUESTION: 2
What are the different payout function types?
There are 3 correct answers to this question.
A. Interpolation
B. Indirect
C. Proration
D. Direct
E. Step
Answer: A,D,E

NEW QUESTION: 3
Jeff, a customer, has a wireless network and has reported that the network traffic from the wireless access points seems high compared to the limited number of wireless devices used. Jeff believes that other non- employees are using the wireless network to access the Internet. Which of the following could be used to limit the access to the wireless network? (Select TWO).
A. Changing wireless channels
B. SSID disable
C. Changing wireless speed standards
D. MAC filtering
E. WPA encryption
Answer: D,E
Explanation:
Explanation/Reference:
Explanation: