In the above example, the letter of credit is issued by the bank and held by the supplier. The customer is provided open account terms. If payments are made in accordance with the suppliers' terms, the letter of credit would not be drawn on. The seller pursues the customer for payment directly.
Players will soon be able to join different factions in Elite: Dangerous, developer Frontier Developments has revealed. Dubbed as âPowers,â players will be working for whoever they please and in the process, gaining different perks, reputation bonuses, and credits.
The Warriors will be joined by the defending champion San Antonio Spurs as favorites in the west, as the Spur look to reach their 3rd straight NBA Finals. But to say that every team in the Western Conference playoffs is dangerous would be an understatement. The Houston Rockets, Dallas Mavericks, Portland Trail Blazers, Memphis Grizzlies all have championship caliber teams this season and all will be confident heading into the 2015 NBA Playoffs.