A letter of credit is a promise by a buyer's bank to pay the seller, provided certain conditions are met.
Correct Answer:
Verified
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Q36: The judicial branch of the United Nations
Q37: Under the provisions of the Foreign Sovereign
Q38: The Foreign Corrupt Practices Act of 1977
Q40: A country may issue to foreign citizens
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Q42: The international organization which seeks to stabilize
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Q44: A clause apportioning the liability and responsibilities
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