单项选择题

If you refer to our Sales Confirmation, you will see the clause reading: "The Buyer shall establish the covering letter of credit before 30th August, 2008, failing which the Seller reserves the right to ______ the contract without further notice."
   A.restrain     B.rescind    C.recite      D.receive

A."

B.restrain
C.rescind
D.recite