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CHAPTER 1 INTRODUCTION TO BILLS OF LADING AND BANKERS’ DOCUMENTARY CREDITS

Bills of Lading and Bankers Documentary Credits

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INTRODUCTION TO BILLS OF LADING AND BANKERS’ DOCUMENTARY CREDITS

INTRODUCTION

1.1 The aim of this book is primarily to describe the law applicable to, and workings of bankers’ documentary credits, as they are used in international sales and carriage of goods carried by sea. Particular emphasis will be placed on the role of the bill of lading, and other shipping documents, in the documentary credit.

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