All of the following are true about letters of credit​ EXCEPT?A.Most banks do not require that international letters of credit be governed by the Uniform Customs and Practices for Documentary Credits​ (UCP).B.Letters of credit support the international sale of goods.C.A buyer of a letter of credit must pay a bank a fee to write the letter of credit.D.Letters of credit are governed by Article 5​ (Letters of​ Credit) of the Uniform Commercial Code​ (UCC).E.A letter of credit guarantees the seller that if the buyer does not pay for the​ goods, then the bank will pay the seller.Next

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