Subject "buniess law" During the sea journey to the UAE, the vessels temperature...
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Subject "buniess law" During the sea journey to the UAE, the vessels temperature control system unexpectedly failed. Consequently, 200 tonnes worth of rice was damaged. Carrefour requested its bank to only pay for the 800 tonnes of undamaged rice. Discuss the legal issues arising from the above scenario in relation to the letter of credit.
Subject "buniess law"
During the sea journey to the UAE, the vessels temperature control system unexpectedly failed. Consequently, 200 tonnes worth of rice was damaged. Carrefour requested its bank to only pay for the 800 tonnes of undamaged rice.
Discuss the legal issues arising from the above scenario in relation to the letter of credit.
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