Government agencies in the U.S.are not allowed to insure payments made to a U.S.bank if the underlying contract between the buyer and seller is entirely independent from the letter of credit.

Name: Government agencies in the U.S.are not allowed to insure payments made to a U.S.bank if the underlying contract between the buyer and seller is entirely independent from the letter of credit.
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Question

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The Answer is False

Government Agencies in the U