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The Role of Letters of Credit in Payment Transactions
Michigan Law Review (2000)
  • Ronald Mann, The University of Texas
Uses a dataset of letter of credit transactions to document the high rate of discrepancies in letter of credit transactions and explores explanations for why businesses would use letters of credit and yet not submit drafts that comply.
Publication Date
February, 2000
Citation Information
Ronald Mann. "The Role of Letters of Credit in Payment Transactions" Michigan Law Review Vol. 99 (2000)
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