Question: The document that states that the bank will pay a specified sum of money to a beneflclary, normally the exportec, on presentation of particular, specilled

The document that states that the bank will pay a specified sum of money to a beneflclary, normally the exportec, on presentation of particular, specilled documenes is called the

Multiple Choice

memorandum of understanding.

contract agreement.

lettler of credt.

bill of exchange.

lease agreement.

The document that states that the bank will pay a

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