A bank guarantee might be used when a buyer obtains goods from a seller then runs into cash flow difficulties and can't pay the seller. The bank guarantee would pay an agreed-upon sum to the seller. Similarly, if the supplier was unable to provide the goods, the bank would then pay the purchaser the agreed-upon sum. bank guarantee, like a line of credit, guarantees a sum of money to a beneficiary. Unlike a line of credit, the sum is only paid if the opposing party does not fulfill the stipulated obligations under the contract.
Various sects of Jews settled in caves overlooking the Dead Sea. The best known of these are the Essenes of Qumran, who left an extensive library known as the Dead Sea Scrolls. The town of Ein Gedi, mentioned many times in the Mishna, produced persimmon for the temple's fragrance and for export, using a secret recipe.
  The Dead Sea is a body of water in Israel that has a high salt content thus containing a low level of life.It is part of the biblical holy land. But, most of all it is â¦ famous for being the area that the Dead Sea Scrolls are from. # A tract of water within an ocean.  # A relatively large body of salt water completely or partially enclosed by land.  # A relatively large landlocked body of fresh w â¦ ater.  # All of the above describe a sea. 2 people found this useful.