The three parties to a letter of credit are
A) issuing bank, seller, and applicant.
B) importer, exporter, and shipping company.
C) notary public, importer, and importer's bank.
D) Ex-Im bank, commercial bank, and importer.
Correct Answer:
Verified
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A)
Q20: _ may be required so that the
Q23: Which of the following purposes is NOT
Q25: Which of the following documents is NOT
Q26: _ drafts are unaccompanied by any other
Q27: A sight draft is payable on presentation
Q27: A banker's acceptance is a _ that
Q28: The person or company to whom the
Q28: When a confirmed letter of credit is
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