šŸ“¢ Too many exams? Don’t know which one suits you best? Book Your Free Expert šŸ‘‰ call Now!


    Question

    The UCP 600 issued by the International Chamber of

    Commerce relates to which activity?
    A Domestic bank lending Correct Answer Incorrect Answer
    B Insurance contracts Correct Answer Incorrect Answer
    C International trade finance through Letters of Credit Correct Answer Incorrect Answer
    D Corporate governance Correct Answer Incorrect Answer
    E Capital adequacy norms Correct Answer Incorrect Answer

    Solution

    UCP 600 sets global rules for documentary credits (LCs), standardizing procedures for international trade.

    Practice Next
    ask-question