Why wine has no expiry date?
It does expire, once it's been exposed to oxygen for too long it will turn into vinager.
If you can stock alcohol for a long time, it will become a very costly alcohol liked by so many people around the world. When you say out of date, it's presumed that you are referring to expiry date just like in medicines or other food items. Alcohol has never had an expiry date. Only the users have expiry dates.
As Bank guarantees "BGs" are issued in favour of a buyer ,manufacture , a master in a contracting agreement and other forms of transactions on agreed issue and expiry dates for an agreed period, Said BGs is to be in full force during the agreed validity period of the BG but would not be valid after the expiry date. Accordingly , the beneficiary of such BGs may not call the bank guarantee beyond its expiry…