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Part III. Find and Correct mistakes of Letter Credit (L/C) . Find and correct the following Letter of Credit: 27 Sequence of total: 02/01 45T

Part III. Find and Correct mistakes of Letter Credit (L/C) . Find and correct the following Letter of Credit:

27 Sequence of total: 02/01

45T Drawee: Korea Uni Company Ltd.

40A Form of Letter Credit: BLUE

32 B Currency Code, Amount: 897.000 GBP

31C Documentary Number: 399887JKD980

42C Drafts at.... Sight for 60 PCT invoice value

31D Date of Issue: 12/05/2018

50A Loading on Board: MAIN PORT OF KOREA

31F Date of Expiry: 20/04/2018

50B For transportation to....: MAIN PORT OF JAPAN

41A Applicant: Korea Uni Company Ltd.,

41F Latest Date of shipment: 15/03/2018

41B Beneficiary: Sumitomo Company (Japan Co.)

46A Required documentary:

-1 copy of commercial invoices

- 1 original Insurance Certificate with 70 PCT of FOB

-1 copy of the Origin Certificate

-2 Bill of Lading Clean - On Board

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