Aval is a term meaning inseparable from the financial instrument. This gives a guarantee and is abstracted from the performance of the underlying trade contract: Article 31 of the 1930 Geneva Convention of the Bills Of Exchange states that the aval can be written on the bill itself or on an allonge. US Banks are prohibited from avalizing drafts.
Only two types of service create a reputation…the best and the worst. Most companies haven’t made enough of an impression on customers to make them think of them, let alone spea... [ more... ]
Every sales seminar or training class I have ever given, someone has walked up to me and asked, What do you do when& or What do you say when& In a world advertising fad diets and quick solu... [ more... ]
While tracking a deer through woods during hunting season, two hunters at opposite ends of a clearing each fired at the deer at the same time. The deer fell dead. When the hunters reached the deer,... [ more... ]