If the issuer of a letter of credit dishonors a draft without justification, it is liable to its customer for:
A) fiduciary default.
B) breach of contract.
C) fiduciary peril.
D) monetary malfeasance.
Correct Answer:
Verified
Q34: The issuer of a letter of credit
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A) is an advance
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Q45: A letter of credit usually sets a:
A)
Q46: Howard bought goods from Williams. Howard sent
Q47: The issuer of a letter of credit:
A)
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