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Title: Which of the following is NOT true regarding a letter of credit? Post by: boland on May 18, 2016 Which of the following is NOT true regarding a letter of credit?
A) The exporter applies to its local bank for the issuance of a letter of credit. B) The importer's bank cuts a sales contract based on its assessment of the creditworthiness of the importer. C) The importer applies to its local bank for the issuance of a letter of credit. D) The importer and exporter agree on a transaction. Title: Re: Which of the following is NOT true regarding a letter of credit? Post by: noxx53 on Jun 20, 2016 Content hidden
Title: Re: Which of the following is NOT true regarding a letter of credit? Post by: boland on Jul 3, 2016 ^^ Perfection
Title: Re: Which of the following is NOT true regarding a letter of credit? Post by: noxx53 on Jul 4, 2016 Happy to help :D
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