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Standby letters of credit are relatives of documentary letters of credit because ______.A.
Standby letters of credit are relatives of documentary letters of credit because ______.
A.they are very similar to ordinary letters of credit in operation
B.the issuing banks undertake to pay
C.they are normally accompanied by evidences of transactions such as non-negotiable copies of B/L or other documents
D.they call for all kinds of normal documents
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