Q7 You are the advising bank for a $250 000 credit valid for 9 months. The issuing

Question:

Q7 You are the advising bank for a $250 000 credit valid for 9 months.

The issuing bank asks you to confirm the credit. Are you obliged to:

(a) confirm it?

(b) confirm it for 9 months?

(c) confirm it for $250 000?

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Finance Of International Trade

ISBN: 9780750659086

1st Edition

Authors: Eric Bishop

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Question Posted: Oct 18, 2024 09:00 AM

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Q7 You are the advising bank for a $250 000 credit valid for 9 months. The issuing

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Finance Of International Trade

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