LC WITH TOLERANCE CLAUSE (+/-): HOW TO AVOID REJECTION RESULTING FROM QUANTITY OR VALUE VARIANTS

Major Heading SubtopicsH1: LC With Tolerance Clause (+/-): How to prevent Rejection Because of Amount or Benefit Variations -H2: Knowing the objective of a Tolerance Clause in LCs - Exactly what is a Tolerance Clause?- Significance in Trade Agreements- UCP 600 and Variance AllowancesH2: Frequent Situations That Induce Amount or Price Discrepancies