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Question
Fact Pattern 31-1First State Bank issues a letter of credit in favor of Oboe Company, an American firm, to facilitate an international sales contract to buy resources from Lapland Mining, Ltd., a Finnish company.
Refer to Fact Pattern 31-1. In a letter of credit, the beneficiary is
A.Lapland.
B.Oboe.
C.First State Bank.
D.none of these choices.
Answer
This answer is hidden. It contains 2 characters.
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