Irrevocable letters of credit do not recognize the concept of substantial performance.
Correct Answer:
Verified
Q1: The issuing bank's commitment to pay is
Q1: The World Trade Organization is the only
Q3: The European Union, as it is known
Q5: A country may choose to accept the
Q6: The Convention on the International Sale of
Q7: The conduct that violates the The anti
Q9: If the United States enters into a
Q10: Irrevocable letters of credit have little effect
Q13: Under U.S.law,a firm or individual can compel
Q16: The International Court of Justice has been
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