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117. Which of the following banks must honour a complying presentation?1. An issuing bank with which the documentary credit is available by acceptance.2. A nominated bank under a freely negotiable credit payable at sight.3. A confirming bank where the credit is available by sight payment and the nominated bank Does not pay.4. A reimbursing bank that has issued a reimbursement undertaking.a) 1 and 3 only.b) 2 and 3 only.c) 1, 2 and 3 only.d) 1, 2 and 4 only.
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