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103. Which of the following statements is correct regarding transferable documentary credits?a) The first beneficiary may request that confirmation be withheld from the transferred credit.b) The first beneficiary may cancel the transferred credit without the second beneficiary'sconsent.c) A transferred credit can be transferred at the request of the second beneficiary to anysubsequent beneficiary.d) The transferred credit may expire in the second beneficiary's domicile on the expiry date ofthe first beneficiary's credit.
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