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The letter of credit is designed to a.free the seller from concerns over the payment abilities of the buyer. b.free the seller from any merchandise

The letter of credit is designed to

a.free the seller from concerns over the payment abilities of the buyer.

b.free the seller from any merchandise guarantees.

c.be issued by the bank at the request of an exporter.

d.allow the buyer to obtain title to the goods before they are received.

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