__________ Is a Stipulation That a Letter of Credit Cannot

question 12

Short Answer

__________ is a stipulation that a letter of credit cannot be canceled without the seller's consent.

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Definitions:

Policy Action

A deliberate action taken by a government or other organization to influence economic, social, or environmental outcomes.

Domestic Supply

The sum of all products and services made within a nation, ready for use domestically or for sending abroad.

Domestic Demand

The total demand for goods and services within a country, including demand from both consumers and businesses.

World Price

The price of a good or service on the international market, influenced by global supply and demand conditions.