International Journal of Academic Research and Development

International Journal of Academic Research and Development


International Journal of Academic Research and Development
International Journal of Academic Research and Development
Vol. 3, Issue 1 (2018)

Analytical review of financial contracts and laws


Naveen Aladia

The financial contract is normally contained in a letter of credit. A letter of credit is a promise by the buyer’s bank to pay the purchase price to the seller in exchange for certain documents. The bank will not agree to the transaction unless it has the buyer’s promise to pay for that credit. In some situations, the finance contract may be more specific.
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How to cite this article:
Naveen Aladia. Analytical review of financial contracts and laws. International Journal of Academic Research and Development, Volume 3, Issue 1, 2018, Pages 879-880
International Journal of Academic Research and Development International Journal of Academic Research and Development