An L/C has a clause stating that any amendment will be in force unless rejected within 3 days from the date of advise. An amendment was issued on 01 -01 -2008 and the beneficiary fails to notify the issuing bank, which of the following is correct?
(1)( ) The amendment is in force.
(2)( ) Will be in force only if the beneficiary accept it.
(3)( ) The clause should be disregarded.
(4)( ) None.
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