The Letter of the Law and the Law of the Letter: The Protections Available to Parties in a Letter of Credit Transaction
23 Pages Posted: 12 Dec 2008
Date Written: January 1, 2008
Abstract
This paper discusses protections available to different parties involved in a Letter of Credit transaction, and examines the concept of "negotiation" under a Letter of Credit.
Keywords: neotiation, letter of credit, negotiable instruments, UCC Article 5, UCP 600
Suggested Citation: Suggested Citation
Barbour, Andrew Holter, The Letter of the Law and the Law of the Letter: The Protections Available to Parties in a Letter of Credit Transaction (January 1, 2008). Available at SSRN: https://ssrn.com/abstract=1315082 or http://dx.doi.org/10.2139/ssrn.1315082
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