According to the researchers from University of British Columbia, Canada, when a male has successfully attracted peahen, it rushes at her making a distinctive hooting call before attempting to mate, the BBC reported.
A documentary letter of credit is an obligation of the bank that opens the letter of credit (the issuing bank) to pay the agreed amount to the seller on behalf of the buyer, upon receipt of the documents specified in the letter of credit. documentary letter of credit is an obligation of the bank that opens the letter of credit (the issuing bank) to pay the agreed amount to the seller on behalf of the buyer, upon receipt of the documents specified in the letter of credit.
Issuer of Letter of Credit. The issuer of the letter of credit is the financial institution that issues the letter of credit. Said financial institution records the letter of credit as being a contingent liability, meaning that it makes no entry for the document until it has been exercised. Instead, the financial institution must disclose in a footnote that it has such documents outstanding. Once exercised, the entry for them is an increase to expenses and either a decrease to the issuer's cash account or the occurrence of a payable on its part depending on its payment method.