Question

    Letter of credit is opened at the request of whom among

    the following?
    A Issuing Bank Correct Answer Incorrect Answer
    B Applicant Correct Answer Incorrect Answer
    C Advisory Bank Correct Answer Incorrect Answer
    D Beneficiary Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Applicant requests for opening up a Letter of credit.

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