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

34. The mechanism of a confirmed LC works as follow

A. Buyer instructs issuing bank to issue a LC in favor of the seller

B. Buyer instructs issuing bank to instruct an advising bank to pay under a LC in

favor of the seller

C. Buyer instructs issuing bank to instruct a confirming bank to pay under a LC

in favor of the seller

D. Buyer instructs issuing bank to instruct a third bank to pay under a LC in favor of

the seller