EconBank Issues a Letter of Credit in Favor of Facile

EconBank issues a letter of credit in favor of Facile Deals Inc., a U.S. firm, to facilitate an international sales contract to buy certain products from Global Goods, Ltd., a British company. Global is entitled to payment when it

A) ​enters into the contract with the buyer.
B) ​verifies that the buyer has the money to pay for the purchase.
C) ​complies with the terms and conditions of the letter of credit.
D) ​asks to be paid.