Q. What is the advantage of letter of credit? (Solved)
1. Evens risk between buyer and seller
2. Strengthens the role of advising and confirming bank
3. Instant payment
4. none
- a. Evens risk between buyer and seller
1. Evens risk between buyer and seller
2. Strengthens the role of advising and confirming bank
3. Instant payment
4. none