After the buyer and seller agree on the terms of a sale, the buyer arranges for his bank to open a letter of credit in favor of the seller. Note: The buyer will need to have a line of credit established at the bank or provide cash collateral for the amount of the letter of credit. 2.
Uses. Magnesium is a commercially important metal with many uses. It is only two thirds as dense as aluminum. It is easily machined, cast, forged, and welded. It is used extensively in alloys, chiefly with aluminum and zinc, and with manganese.Magnesium alloys were used as early as 1910 in Germany.uralumin and magnalium are alloys of magnesium. The metal is also used in pyrotechnics, especially in incendiary bombs, signals, and flares, and as a fuse for thermite. It is used in photographic flashbulbs and is added to some rocket and missile fuels. It is used in the preparation of malleable cast iron.
Why does my body need magnesium? The bodyâs cells use a molecule called ATP to fuel most of the processes that take place. That ATP can only act if itâs accompanied by magnesium, which helps to stabilize ATP until itâs used as an energy source.