A confirmed letter of credit is one
A. Confirmed to be authentic.
B. Confirmed by the importer to be correct.
C. Confirmed by the exporter that he agrees to the conditions.
D. To get the acceptance of the importer on the bill.
Answer:C
A confirmed letter of credit is one
A. Confirmed to be authentic. B. Confirmed by the importer to be correct. C. Confirmed by the exporter that he agrees to the conditions. D. To get the acceptance of the importer on the bill.