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Brand: The Gale Group Format: HTML Label: St. John's University, College of Business Administration Manufacturer: St. John's University, College of Business Administration Number Of Pages: 15 Publication Date: March 22, 1993 Publisher: St. John's University, College of Business Administration Release Date: July 28, 2005 Studio: St. John's University, College of Business Administration Browse for similar items by category: Click to Display Editorial Review: Product Description: This digital document is an article from Review of Business, published by St. John's University, College of Business Administration on March 22, 1993. The length of the article is 4431 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser. From the supplier: An analysis of transaction fraud in connection with international letters of credit is presented. The independence principle, the strict compliance principle and the fraud in transaction were defined. Several cases of fraud in transaction are discussed to show certain difficulties in drawing the boundaries between transaction fraud and the independence and strict compliance principles governing irrevocable letters of credit. The implications of these difficulties on the integrity and efficiency of the irrevocable letter of credit as an instrument for commercial transactions are discussed. Citation Details Title: The impact of transaction fraud: strategies for the international letter of credit. Author: Mark S. Blodgett Publication: Review of Business (Refereed) Date: March 22, 1993 Publisher: St. John's University, College of Business Administration Volume: v14 Issue: n3 Page: p42(5) Distributed by Thomson Gale 
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