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Letter of credit (LC) is ---

A. A reminder given by banks to repay back its loans
B. An instrument through which a Bank guarantees the credit of its customer
C. An instrument issued by a purchaser to guarantee payment
D. An instrument issued by a seller to send goods in time
E. None of these
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সঠিক উত্তরঃ C. An instrument issued by a purchaser to guarantee payment
Explanation: