SHORT DRAWN AND SHORT SHIPMENT QUESTION Dear Mr. Old Man, I need your opinion on the following case: LC stated: + Quantity: 1000 MT (+/- 10%) + Unit price: USD 100 + Total amount: USD 100,000 (+/- 10%) + Packing: in 5 containers + Partial shipments allowed In May the beneficiary made the 1st presentation for USD 30,000 covering shipment of 300 MT packed in … Read More