A documentary credit is issued for an amount of approximately GBP 40, 000. 00 pay- able with drafts drawn at 30 days from date of shipment. Documents are presented on 22 September ×××× with bills of lading dated 01 September ×××× and for value CBP 38, 000. 00. Which of the following drafts would be accepted?
A.30 days from 01 September ×××× for approximately GBP 40, 000. 00.
B.30 days from date of shipment-value GBP 38, 000. 00.
C.Due 01 October ×××× -value GBP 38, 000. 00.
D.30 days from bill of lading date 01 September ×××× -value GBP 38, 000. 00.
(1)( )A and B only.
(2)( )A and C only.
(3)( )B and D only.
(4)( )C and D only.
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