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    Exam 14: Financial Management for Global Operations
  5. Question
    A Revolving L/C Exists Where the Tenor (Maturity) or Amount
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A Revolving L/C Exists Where the Tenor (Maturity) or Amount

Question 18

Question 18

True/False

A revolving L/C exists where the tenor (maturity) or amount of the L/C is required permission for every transaction.

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