The Rule That Usually Prevails for Interpreting Documents That Are

question 10

Multiple Choice

The rule that usually prevails for interpreting documents that are submitted to a bank for payment under a letter of credit is commonly called the:

• A) good faith rule.
• B) reasonable compliance rule.
• C) strict compliance rule.
• D) holder in due course rule.

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Definitions:

Stimuli

External factors or conditions that elicit responses from organisms or biological systems.

Phonemic

Relating to phonemes, the smallest unit of sound in a language that can distinguish one word from another.

Morphemic

Pertaining to morphemes, which are the smallest units of meaning in a language.

Platonic

A type of relationship or love that is intimate and affectionate but not sexual.