History, asked by Dakshverma0007, 2 days ago

Which one of the following is the name for letter of credit​

Answers

Answered by NikitaBagga
1

Answer:

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Explanation:

Letter of Credit L/c also known as Documentary Credit is a widely used term to make payment secure in domestic and international trade. The document is issued by a financial organization at the buyer request. Buyer also provide the necessary instructions in preparing the document.

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