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BAC Credomatic is a financial group in Central America, with operations in Guatemala, El Salvador, Honduras, Nicaragua (where it was founded and former headquarters in the city of Managua), Costa Rica (current headquarters), Panama, Grand Cayman, The Bahamas, and the United States.
Basic access control (BAC) is a mechanism specified to ensure only authorized parties [1] can wirelessly read personal information from passports with an RFID chip. It uses data such as the passport number, date of birth and expiration date to negotiate a session key.
The word bac is also used to refer to one of the end-of-year exams that students must pass to get their baccalauréat diploma: the bac de philo, for example, is the philosophy exam, which all students must take, regardless of their field of study.
The first model to bear the BAC name was the BAC One-Eleven (BAC 1–11), a Hunting Aircraft study, in 1961. Given the numerous government contract cancellations during the 1960s, the BAC 1–11, which had been launched as a private venture, probably saved the company.
Spanish universities use two different grading scales. The students' performance is assessed using a 0 to 10-point grading scale, where 10 corresponds to the 100% of the academical contents of the course which in turn are regulated by the Ministry of Education as established in the Spanish Constitution (Article 149) [2] and in the Organic Law for Universities. [3]