The governing body of rules for standby letters of credit is:
A) Uniform Commercial Code
B) Uniform Customs and Practices for Documentary Credits
C) International Standby Practices
D) Convention on Bills of Exchange and Promissory Notes
E) Uniform Code of Practices for Standby letters of Credit
Correct Answer:
Verified
Q37: The international rules for letters of credit
Q38: Which of the following is the rule
Q39: Under the UCP 500, banks have a
Q40: A guarantee from an insurance company to
Q41: The Eximbank's finance export programs include:
A) Loans
B)
Q43: A letter of credit in which the
Q44: A letter of credit that may be
Q45: The discounting of a foreign account receivable
Q46: Under the UCP 500, a beneficiary is
Q47: _ secures performance of a non-monetary obligation
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