An L/C was originally issued for value for USD10,000.00. Later it was reduced to USD5,000.00 by an amendment. The beneficiary presented a document for USD5,000.00. To understand whether the beneficiary has accepted the amendment or not, which of the following is the most relevant question?
(1)( ) Was partial shipment allowed in the credit?
(2)( ) Did the advising bank notify the issuing bank?
(3)( ) Both.
(4)( ) None.
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