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International Trade – Importance of Letter of Credit
The Letters of Credit give importers the most extensively used and conventional international trade payment means and finance instrument.

Strict compliance in letters of credit transactions
A short note on the business efficacy of the rule of strict compliance in letters of credit transactions

Other uniform customs Related Articles

The Franchise UFOC is Required Reading
Finding the best business partner involves a due diligence process. The UFOC is the Uniform Franchise Offering Circular required by law to be given to all franchise prospects. This article introduces you to it.
For Franchise Buyers: What the UFOC Tells You
Tips on how to understand and use the Uniform Franchise Offering Circular.
What is in a Franchise UFOC
There are 4 parts to a Uniform Franchise Offering Circular. We list them here, along with some things to keep in mind for each section.
Franchise Financial Information
As dictated by the Federal Trade Commission (FTC), franchisors are required to give prospective franchisees a copy of their Uniform Offering Circular (UFOC) document, which contains financial and material information about the franchisor.

The Benefits of having a Company Uniform
Do you remember your school days when you did not have to worry each morning about what to wear; you just put on your uniform and off you would go to school? As adults our lives are ten times busier and yet we choose to complicate things further by not having a uniform. There are many benefits associated with having a company uniform not only for the company itself but also for the employees and customers.

ICE Launches Workplace Immigration Crackdown
Earlier this year, the Obama administration broke with a previous policy that targeted undocumented workers for deportation, and implemented instead a strategy to go after U.S. employers hiring illegal immigrants. In keeping with this new focus, the US Immigration and Customs Enforcement ("ICE") announced on July 1, 2009 that is has issued 652 Notices of Inspection to businesses that it suspects of violating immigration laws.
How to Keep Your Promises to Yourself and Others
The reason so many people fail is because they do not know exactly how to go about carrying out their pledges. Is there some ironclad universal uniform formula for success in implementing your vows?

How to Make Sure that HMRC Don't Pick on You for Failing to Keep Proper Records...
The HM Revenue & Customs (HMRC) have warned that they are planning to clamp down on around 50,000 small businesses over the course of 2011 for failing to maintain proper records and underpaying corporation tax. They say that 40% of all SMEs keep poor records and are likely to owe tax...could you be one of them?
Make More Sales By Using The Power of Authority
People are influenced by people with perceived authority. Sometimes it's the position (President, Pope or prominent sportsperson), sometimes it's the uniform (a police uniform, a construction worker's overalls, or even a business suit) and sometimes it's the title (Doctor, Professor or Judge), and sometimes it's their "aura".
Literacies of Global Leadership – The art of understanding and connecting
Organizations must deal with worldviews that make assumptions of how things area rather than how they should be (Sire, 1997, p 16). Beyond worldviews; complexities in geographical terrain, language, laws, and customs should all be considered. Understanding terrain aids in develop and look for opportunities for the organization to develop relationships and pursue knowledge which can translate into an impact within the marketplace (Black, Morrison, and Gregersen, 1999, p 51).
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