Courtaulds North America, Inc. v. North Carolina National Bank

A letter of credit required Courtaulds's (plaintiff's) invoice to read "100% acrylic yarn" exactly, but the final invoice instead read "imported acrylic yarn," even though a packing list stapled to it separately described the yarn as "100% acrylic"; the issuing Bank (defendant) refused payment based on the invoice's nonconforming language, and the district court held the Bank should have paid because the invoice and packing list together satisfied the letter's terms.