Kizspy | Question: 1
(Choose 1 answer)
The letter of credit (L/C) is issued by The Union Bank, Paris, France, and subject to UCP600. The L/C
indicates that "Credit available with Any bank, by negotiation". It is:
A. An irrevocable straight L/C
B. A revocable straight L/C
C. An irrevocable negotiation L/C
D. A revocable negotiation L/C