Legal Aspects of Commercial Letters of Credit

Describes the legal aspects of the commercial letter of credit in the light of its actual operation. Topics include the history of the commercial letters of credit, forms of action on letters of credit, conditions in the letter of credit, the relation between the letter of credit and the sales contract, and others. PREFACE CONTENTS INTRODUCTION CHAPTER I. HISTORY AND ANALYSIS CHAPTER II. FORMS OF ACTION ON LETTERS OF CREDIT CHAPTER III. FORMS OF ACTION ON LETTERS OF CREDIT—{Continued) CHAPTER IV. LEGAL RELATIONS BETWEEN RESPECTIVE PARTIES TO COMMERCIAL LETTER OF CREDIT TRANSACTIONS CHAPTER V. CONDITIONS IN THE LETTER OF CREDIT CHAPTER VI THE RELATION BETWEEN THE LETTER OF CREDIT AND THE SALES CONTRACT CHAPTER VII THE MEASURE OF DAMAGES CHAPTER VIII. THE LEGAL THEORY APPENDIX A APPENDIX B INDEX