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Question
Fact Pattern 22-2First State Bank issues a letter of credit in favor of Oboe Company, an American firm, to facilitate an international sales contract to buy resources from Lapland Mining, Ltd., a Finnish company.
Refer to Fact Pattern 22-2. To obtain payment, Lapland must comply with all of the requirements of the letter of credit
a. strictly.
b. substantially.
c. reasonably.
d. materially.
Answer
This answer is hidden. It contains 1 characters.
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