18. An FOB sales contract agree that the exporter can deposit the goods in a
warehouse it the ship arrives late and that this counts as delivery. If the letter
requires bill of lading and makes no mention of a warehouse receipt,
a. The exporter will still be paid against a warehouse receipt
b. The bank simply cannot pay against a warehouse receipt
c. The buyer refuses to pay the exporter against a warehouse receipt.
d. The buyer still has to pay the exporter against a warehouse receipt because
his designated vessel has arrived late at the port of loading.
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