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However, any merchandise returns that may diminish the invoice amount that is collectible from the accounts receivable are typically the responsibility of the seller, [1] and the factor will typically hold back paying the seller for a portion of the receivable being sold (the "factor's holdback receivable") in order to cover the merchandise ...
Ripple purports to enable "secure, instantly and nearly free global financial transactions of any size with no chargebacks". The ledger employs the native cryptocurrency known as XRP . In December 2020, Ripple Labs and two of its executives were sued by the U.S. Securities and Exchange Commission (SEC) for selling XRP tokens, which the SEC ...
The Standard Carrier Alpha Code, a two-to-four letter identification, is used by the transportation industry to identify freight carriers in computer systems and shipping documents such as Bill of Lading, Freight Bill, Packing List, and Purchase Order.
The Napoleonic Code (French: Code Napoléon), officially the Civil Code of the French (French: Code civil des Français; simply referred to as Code civil), is the French civil code established during the French Consulate in 1804 and still in force in France, although heavily and frequently amended since its inception. [1]
Industrial risks commonly have the deductible expressed as a percentage of the loss, often though not always with a minimum and maximum amount. That is similar to co-insurance in which the company pays a certain percentage of the losses, coupled with minimum and maximum payment thresholds. For example, with a deductible of 10% with a minimum of ...
The United Nations' World Food Program stated that this amount could feed 50,000 people for one day, [3] since it takes 400 grams or about 19,200 grains of rice to feed one adult for a day. [4] Using this calculation, enough rice was donated in 2008 to feed over 6,000 people daily for each day of that year. [ 5 ]
A third group, the Free Banking School, held that competitive private banks would not overissue, even though a monopolist central bank could be believed to do it. [ 72 ] The debate between currency, or quantity theory, and banking schools during the 19th century prefigures current questions about the credibility of money in the present.
In thermodynamics, the thermodynamic free energy is one of the state functions of a thermodynamic system (the others being internal energy, enthalpy, entropy, etc.).The change in the free energy is the maximum amount of work that the system can perform in a process at constant temperature, and its sign indicates whether the process is thermodynamically favorable or forbidden.
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