True/False
An importer always has the option to cancel an irrevocable letter of credit.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q56: Which of the following would not be
Q57: The exchange of products between two parties
Q58: Which of the following is not true
Q59: Which of the following payment terms provides
Q60: Consider an exporter that ships products to
Q61: The Overseas Private Investment Corporation (OPIC) is
Q62: A time draft that is issued by
Q63: A banker's acceptance is a time draft
Q64: With a(n) _ arrangement, the exporter ships
Q65: An irrevocable letter of credit cannot be