With a rental truck that has a 57-gallon gas tank and gets 9 mpg, you could expect to fill up the loaded U-Haul at least three times along the way (9 mpg x 57 gallon tank = 513 miles per tank and 1547 miles / 513 miles per tank = 3.01 tanks).
LC Means letter of Credit. It is a negotiable instrument to make payment through bankers of both parties, i.e. Payer & Payee.
The parties to a letter of credit are usually an applicant who sends the money, a beneficiary who is to receive the money, the issuing bank of whom the applicant is a client, and the advising bank of whom the beneficiary is a client.Nowadays almost all letters of credit are irrevocable. .hese terms are commonly called wording of the LC. LC is a document issued mostly by a financial institution which usually provides an irrevocable (most of the time) payment to a beneficiary against complying documents as stated in the Letter of Credit.