Exam (elaborations)
IIP301 QUIZ 3 PART 1 WITH 100% CORRECT ANSWERS
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- Institution
Who has to deposit to open exporting L/C? Select one: a. The seller b. The advising bank c. The buyer d. The issuing bank a Availability refers to the availability of funds to the beneficiary (seller) after presentation of documents under the credit. Each of the forms of payment availa...
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