46.10 Video Question. Go to this text’s Web site at www.cengage.com/blaw/blt and select “Chapter 46.” Click on “Video Questions” and view the video titled International: Letter of Credit. Then answer the following questions. 1 Do banks always require the same documents to be presented in letter-of-credit transactions? If not, who dictates what documents will be required in the letter of credit? 2 At what point does the seller receive payment in a letterof-credit transaction? 3 What assurances does a letter of credit provide to the buyer and the seller involved in the transaction?