A Documentary Letter of Credit Is from a Documentary Collection

A documentary letter of credit is from a documentary collection or draft because the former method:

A) requires the buyer to pay the face amount either on sight or on a specified date in the future.
B) is considered risky in international business because a business has limited recourse if debts are unpaid.
C) is an internationally recognized instrument issued by a bank on behalf of its client, the purchaser.
D) relieves a business of collection problems and guarantees immediate use of the money.
E) puts the exporter under great risk and offers the least control over the goods.