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160. A documentary credit for USD 150,000.00 calls for a full set of bill of lading and an insurance Certificate that covers all risks. The bill of lading presented indicates an on board date of 15 December. Which of the following insurance document are acceptable?1. Policy for USD 185,000.002. Certificate dated 17 December.3. Declaration signed by a broker.4. Subject to a franchise.a) 1 and 2 only.b) 1 and 4 only.c) 2 and 3 onlyd) 3 and 4 only

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