Sayfa 476SUMMARY
Payments by letters of credit has been increasing since the begining of the century…
In international commercial transactions, especially in international sales contracts,…
The mechanism of a letter of credit can be explained in short as follows : an importer…
The legal nature of letters of credit is one of the legal problems most frequently…
In Turkish Law there are not many studies dealing with the legal nature of letters…
I am of the opinion that neither of these theories can give a satisfactory answer…