CÂU 50. WHAT DOES PROMPT PAYMENT OF LETTET OF CREDIT DEPEND ON

25. Dawson bought vanilla beans from Indonesia. Dawson instructed an American

bank to open a letter of credit. One of the required shipping documents was a

certificate of quality issued “by experts”. The bank paid the exporter. The beans,

when they arrived, were rubbish. The certificate of quality was signed, however,

by only on “expert”. Could the bank collect from Dawson the money it had paid to

the exporter?

E. Definitely it could

F. Probably it could

G. No it couldn’t

H. No question it could