If an exporter is doubtful about an issuing bank's ability to pay, he will expect a domestic bank to join the transaction in a _____ letter of credit. A. revolving B. irrevocable C. revocable D. unconfirmed E. confirmed

If an exporter is doubtful about an issuing bank's ability to
pay, he will expect a domestic bank to join the transaction in a
_____ letter of credit.
A. revolving
B. irrevocable
C. revocable
D. unconfirmed
E. confirmed
by

1 Answer

Answer :

E. confirmed
by

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None Language Irrevocable ?

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