the whole question from the beginning to the end please

QUESTION TWO Stripes and Sons Incorporate, a wholly-owned subsidiary of an American corporation, have a bank account with your bank. They act as agents/stockists for suppliers who are principally based in the USA and Canada. Their account, which is extremely profitable to the bank, has been conducted in a satisfactory manner and you have granted them overdraft and a letter of credit facilities in the past. They are unwilling to provide the bank with tangible security and you will have to rely on a letter of comfort from the American parent in whom you have every confidence. The Zambian subsidiary has recently received a large order from the Middle East Company. They have been offered an irrevocable letter of credit issued by a first class Middle East bank and you have been asked to issue anirevocable letter of credit in favour of their of their Canadian suppliers to cover this transaction. The Canadian suppliers insist on an inevocable letter of credit issued by a first class Zambian bank. After an enquiry, you are satisfied as to the bona fides and credit worthiness of the Middle East bank issuing the credit in favour of Stripes and Sons Incorporated. Required; i) Discuss how the Middle East bank's letter of Credit, Issued in favour of Stripes and Sons can be used as a basis for this transaction (8 marks) ii) Give an account of risks which the bank will have to consider. (6 marks) ii) Explain the safeguards required to protect your banks interests. (6 marks)