On Legal Issues Of Standby Letter Of Credit

This thesis examines the law and present situation of standby letters of credit, then offer some legislative 1 suggestion for standby letter of credit system in china. The thesis consists of the following five chapters:Chapter I: This chapter amounts to the comprehensive study of standby letters of credit, including definition, function classification, legal characteristic, manipulation procedure, etc.Chapter II: A relatively detailed comparison is made in this chapter between the standby letters of credit and other approximate legal system.Chapter III: This chapter makes a introduction about international law applied on standby letters of credit.Chapter N: This chapter focuses on the legal present situation of standby letters of credit.Chapter V: This chapter concludes what the thesis attempts to specialize. After analysis of some legal problem about standby letters of credit in our country, some propositions are made to perfect Chinese law relating to standby letters of credit in the end of this chapter.