Question: The rule that usually prevails for interpreting documents that are submitted to a bank for payment under a letter of credit is commonly called the:

The rule that usually prevails for interpreting documents that are submitted to a bank for payment under a letter of credit is
commonly called the:
a. holder in due course rule.
b. strict compliance rule.
c. good faith rule.
d. reasonable compliance rule.
The rule that usually prevails for interpreting documents that are submitted

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