please answer all 3 parts correctly and I'll upvote you

Kangwon Bank of Seoul Korea, issued the following irrevocable letter of credit n80716207 dated August 31,2021 and expiring 5eptember 30, 2021 . On behalf of Hyundai Corp, the sum of $1.000,000.00 USD Paysble to Towee Engineerine, Mt Clemens, MI Steering Wheels, pullen, parts, and assembly Payable by Comerica Bank, Detroit, Mi upon receipt of the following: - 3 each Ocean di ths of Lading marked FOB Hyundai Corp. Seoul Socuth Korea - 3 each Detailed packine list - 3 esch Detailed invoice These items to be received by Comerica Hank within 15 days of shipment. Who are the parties to this letter of credit? If the Ocean bills of tading were sent by Tower by us mall on the 15 th day after shipment, would Comerica be required to release the funds? Would Hyundai be lable for parts that were received and used, but not paid for by Comerica in accordance with the letter of credit