DAWSON BOUGHT VANILLA BEANS FROM INDONESIA. DAWSON INSTRUCTED AN AM...

5. 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 one “expert”.

Could the bank collect from Dawson the money it had paid to the exporter?

A. Definitely, it could

B. Probably, it could

C. No, it couldn’t

D. No question, it could