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Contract Law

C/L/760. Examination of the autonomy of letters of credit

WORDS:
6450
DATE:
2011
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69.99 GBP

This paper aims to identify what letters of credit are, and identifies what they consist of. The paper begins by providing the background to the subject, and this is followed by a detailed definition of letters of credit. This section also recognises their autonomy and practical use. The next chapter discusses certain issues surrounding the autonomy of letters of credit. The different exceptions to the rule of letters of credit are assessed, and the paper concludes by summarising the topics discussed.

 

KEYWORDS: Letters of credit, autonomy, International Trade,

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