题目内容
Dishonor entitles the holder to the rights of recourse.
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An L/C is an unconditional undertaking of the issuing bank to make payment in complying presentation.
Bankers take no undertaking of payment in collection.
If a credit is subject to UCP 600 and doesn't indicate whether it is irrevocable or not, it is a revocable L/C.
In international trade, clean collection is more frequently used than documentary collection.
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