LC WITH TOLERANCE CLAUSE (+/-): HOW TO STAY AWAY FROM REJECTION AS A CONSEQUENCE OF AMOUNT OR BENEFIT VARIATIONS

Key Heading SubtopicsH1: LC With Tolerance Clause (+/-): How to prevent Rejection On account of Amount or Worth Variations -H2: Understanding the objective of a Tolerance Clause in LCs - Precisely what is a Tolerance Clause?- Significance in Trade Agreements- UCP 600 and Variance AllowancesH2: Typical Eventualities That Result in Quantity or Price