Question: Please do not write an overly long answer. A short and real answer to the question will suffice. A buyer and seller sign a sales

Please do not write an overly long answer. A short and real answer to the question will suffice.
A buyer and seller sign a sales contract for the sale of furniture. Your bank issues a letter of credit for the account of the buyer. Documents are presented that comply with the terms of the letter of credit. Your bank makes payment, however the buyer claims that the furniture is not the quality he expected, and therefore, the seller should not have been paid. How should your bank respondStep by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
