Kizspy | Question: 26
(Choose 1 answer)
When the seller does not have confidence that the buyer's bank can effectively guarantee payment, or when
the seller fears economic, political, or legal risk in the buyer's country, which type of letter of credit (L/C)
should best secure the seller?
A. Unconfirmed L/C
B. Unconfirmed and revolving L/C
C. Transferable L/C
D. Confirmed L/C
