23. The mechanism of a confirmed letter of credit works as follows:
A. Buyer instructs issuing bank to issue a letter of credit in favor of the seller
B. Buyer instructs an issuing bank to instruct an advising bank to pay under a letter of
credit in favor of the seller
C. Buyer instructs an issuing bank to instruct a confirming bank to pay under a
letter of credit in favor of the seller
D. Buyer instructs an issuing bank to instruct any third bank to pay under a letter of
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