â¦serve to limit the introduction of infectious diseases into the United States and to prevent their spread. 1  Facts, jurisdictions, more(https://www.cdc.gov/quarantine/quarantinestations.html) 2  Complete contact list(https://www.cdc.gov/quarantine/quarantinestationcontactlistfull.html)
For example a letter of credit could be used in the delivery of goods or the completion of a service. The seller may request that the buyer obtain a letter of credit before the transaction occurs. The buyer would purchase this letter of credit from a bank and forward it to the seller's bank. bank guarantee, like a line of credit, guarantees a sum of money to a beneficiary. Unlike a line of credit, the sum is only paid if the opposing party does not fulfill the stipulated obligations under the contract.
Further, the promise of a money payment or service in the future is just as sufficient a consideration as payment itself or the actual rendering of the service. ... Thus the promisee has to give something in return for the promise of the promisor in order to convert a bare promise in his favour into a binding contract.