Bull & Cow Corporation, a U . S . firm, and Carne Ltd . , an Italian
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Question:
Bull & Cow Corporation, a US firm, and Carne Ltd an Italian company, contract for a sale of beef. Under a letter of credit issued by Fiscal Bank to facilitate the deal, Carne promises to
a
ascertain whether the seller delivers as contracted.
b
reimburse the bank for the amount paid to the seller.
c
pay the seller when the bank has complied with the terms of the letter.
d
transmit information and expedite payment.
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