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Other Papers on :International Law

C/L/51. INTERNATIONAL TRADE AND DOCUMENTARY CREDIT ASSIGNMENT

(2005, 4000 words)

This assignment provides a detailed analysis of the House of Lords' decision in the American Accord case and considers the use of letters of credit as risk minimisation and protection mechanisms for sellers in international trade transactions. The analysis of the House of Lords' decision also deals with the issue of the independence principle and strict compliance in documentary credits along with a focus on the fraud exception.



 
   
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