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147. Which of the following statements are correct in relation to documentary credit risks?1. The advising bank incurs payment risk by advising an unconfirmed credit.2. A negotiating bank is not concerned with issuing bank counterparty risk when making payment to the beneficiary.3. The confirming bank's main risk is that of non-reimbursement by the issuing bank after Effecting the payment to the beneficiary.4. A reimbursing bank that has not issued a reimbursement undertaking does not have any risk related to the credit.a) 1 and 2 only.b) 1 and 4 only.c) C 2 and 3 only.d) D 3 and 4 only.
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