According to the terms of the Samsung Co. Ltd./Classy Formal Wear Inc. letter of credit (LC) there

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According to the terms of the Samsung Co. Ltd./Classy Formal Wear Inc. letter of credit (LC) there are nine (9) documents that Samsung is required to provide in order to get paid. If Classy was buying from a domestic supplier, i.e. one in Canada, which document(s) would not be necessary? Why?

Posted Date: May 11, 2024 05:09 AM

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According to the terms of the Samsung Co. Ltd./Classy Formal Wear Inc. letter of credit (LC) there

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When conducting international trade transactions a letter of credit LC serves as a payment method that ensures the seller in this case Samsung Co Ltd ... View the full answer

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