Câu 7:
In settlement by deferred payment, if the seller needs money immediately, what can he do?
A. There is no way he can get money immediately.
B. He can exchange the letter of credit for cash with any agreeable bank.
C. The seller can realize some part of the letter of credit’s value, not its full value.
D. Payment is still safe but it is delayed.
Cau 8
According to the UCC, how long is the legal action period?
A. Two years.
B. Three years.
C. Four years.
D. one years.
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