<Ul> <Li> Performance of a contract--including an obligation under a documentary credit relationship--is prevented by external factors such as natural disasters or armed conflicts . </Li> </Ul> <Li> Performance of a contract--including an obligation under a documentary credit relationship--is prevented by external factors such as natural disasters or armed conflicts . </Li> <Dl> <Dt> Applicant </Dt> </Dl> <Ul> <Li> Non-delivery of Goods </Li> <Li> Short shipment </Li> <Li> Inferior quality </Li> <Li> Early / late shipment </Li> <Li> Damaged in transit </Li> <Li> Foreign exchange </Li> <Li> Failure of bank viz issuing bank / collecting bank </Li> </Ul>

Difference between bill of lading and letter of credit