c)-characteristics of l/c:-Abstract: the l/c have recorded the amount charged for one, time, location, arises l/c without stating causes arising l/c, the economic content of the l/c.-Computer required: People pay money required to pay the l/c without being rejected for any reason. A required attribute of the l/c guaranteed by law.-Circulation: l/c can transfer from the hands of other people through the procedure of l/c endorsement during the validity of the l/c.
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