The Three Parties to a Letter of Credit Are

question 19

Multiple Choice

The three parties to a letter of credit are

• A) issuing bank, seller, and applicant.
• B) importer, exporter, and shipping company.
• C) notary public, importer, and importer's bank.
• D) Ex-Im bank, commercial bank, and importer.

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Definitions:

Profession

A field of employment requiring specialized education, training, and skills, often tied to professional bodies or associations.

Talking Face To Face

Direct communication between individuals through verbal and non-verbal means, occurring in the same physical location.

Potential Employer

An individual or organization that might consider hiring a person for a job or project.

Resumé

A summary of a person's education, professional history, and job qualifications, used as part of a job application.