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

8. 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