True/False
A letter of credit is considered an informal contract as it does not have a special method of creation.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q21: Which of the following is true of
Q22: A contract is bilateral contract if the
Q23: An offer to create a unilateral contract
Q24: Which of the following statements is true
Q25: Elizabeth signs a contract to purchase a
Q27: A(n) _ contract is stated orally or
Q28: An oral agreement to purchase a neighbor's
Q29: An offer to create a unilateral contract
Q30: What are the possible problems that can
Q31: If a contract is required to be