Social Sciences, asked by Srinivasrao9267, 1 year ago

What do we call an agreement whereby an issuing Bank at the request of the Importer (Buyer) undertakes to take payment to the exporter (Beneficiary) against stipulated documents?
A.Letter of Credit
B.Bill of entry
C.Letter of Exchange
D.Bill of exchange

Answers

Answered by Anonymous

What do we call an agreement whereby an issuing Bank at the request of the Importer (Buyer) undertakes to take payment to the exporter (Beneficiary) against stipulated documents?
A.Letter of Credit
B.Bill of entry
C.Letter of Exchange
D.Bill of exchange

_____________

Answer- Option-C

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