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pepe78 pepe78
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Posts: 655
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6 years ago
When the Seller's bank guarantees payment under the letter of credit issued by buyer's bank it becomes a(n):
 A) confirmed letter of credit.
 B) irrevocable letter of credit.
 C) letter of credit with stipulations.
 D) standby letter of credit.
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wrote...
6 years ago
A
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