BNK601 - Banking Laws & Practices
Question(s) similar to the following:
According to UCP 600, which of the following refers to any arrangement, however names or described, that is irrevocable and thereby constitutes a definite undertaking the issuing bank to honor a complying presentation?
Question 1: According to UCP 600, which of the following refers to any arrangement, however names or described, that is irrevocable and thereby constitutes a definite undertaking the issuing bank to honor a complying presentation?
Credit
Letter of credit
Confirmation
Honor
Similar Questions:
Question 2: According to UCP 600, which of the following refers to any arrangement, however names or described, that is irrevocable and thereby constitutes a definite undertaking the issuing bank to honor a complying presentation?
Credit
Letter of credit
Confirmation
Honor
Quizzes of BNK601 - Banking Laws & Practices
Question 1: According to UCP 600, which of the following refers to any arrangement, however names or described, that is irrevocable and thereby constitutes a definite undertaking the issuing bank to honor a complying presentation?
Credit
Letter of credit
Confirmation
Honor
Similar Questions:
Question 2: According to UCP 600, which of the following refers to any arrangement, however names or described, that is irrevocable and thereby constitutes a definite undertaking the issuing bank to honor a complying presentation?
Credit
Letter of credit
Confirmation
Honor
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