An escrow account is a temporary deposit held by a third party on behalf of two other parties, which is usually called an escrow agent. The temporary account operates until the process of a transaction is complete and all conditions between both parties are settled. The money or other assets are debited from this account when the predetermined legal obligations are fulfilled or the escrow agent receives the instructions to release the assets.

Escrow account is designed differently…

The logistics performance index of Peru is 2.84. It indicates a satisfactory performance - in general, traffic is handeled well, some flaws in certain areas are possible, but overall the logistics system performs reliably and is ready to handle predictable amounts of traffic.

Customs performance is rated at 2.47. It indicates a mediocre performance - although…

In Argentina, the population density is 14.4 people per square kilometer (37 per square mile). Because of this statistic, this country is considered to be sparsely populated. The total population of Argentina is 44,688,864 people. Argentina has approximately 2,086,302 foreign immigrants. Immigrants in Argentina represent 0.8 percent of the total number of immigrants in the world. Immigrants in Argentina represent 4.6 percent of the total number of immigrants in the world. The ethnic…

Croatia is considered to be a large nation because of its total area. Its total land area is 56,594 km² (approx. 21,851 mi²). Continental shelf of Croatia is approximately 50,277 km² (around 19,412 mi²). Croatia is located in Europe. Europe is a continent whose borders date back to the period of antiquity. European countries include, but are not limited to, the United Kingdom, Italy, Germany, Switzerland, Luxembourg, Malta, and The Vatican. Croatia has 5 neighbouring countries. Its…