SavgeKid4673 SavgeKid4673

10-07-2024
Business

Answered

The letter of Credit is riskier for the seller than the buyer because:
a) The seller can get paid immediately upon presentation of the clean, onboard bill of lading,
b) Fraud can be committed before delivery,
c) Banks only examine documents,
d) None of the other answers are correct, the L/C is riskier for the buyer.

Answer :

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