The Commercial Letter of Credit Is of Special Usefulness in International

The commercial letter of credit is of special usefulness in international transactions when the

A) importer's credit rating is either weak or not well known.
B) exporter's credit rating is weak, but the importer's credit reputation is strong.
C) bank financing the importer's transaction has very little confidence in the customer's ability to meet payments.
D) exporter's bank has little confidence in its customer's ability to meet its financial obligations.