According to UCP500, the terms “beginning ” of a month in the letter of credit shall beconstrued as()
- A. from the 1st to the last day of the month
- B. from the 1st to the 15th of the month
- C. from the 1st to the 10th of the month
- D. from the 1st to the 5th of the month
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正确答案: C
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_____ published by the ICC contains detailed provisions dealing with the operation of documentary credit.
- A. Hague Rules
- B. UCP600
- C. Incoterms2000
- D. CMR convention
In the practice of L/C transaction, the buyer is not required to pay for the goods until the arrival of the relevant____.
- A. B/L
- B. invoice
- C. documents stipulated by L/C
- D. L/C
According to documentary credit, the____, on receipt of letter of credit, will have to prepareshipment of the contract goods within the delivery date.
- A. agent
- B. customer
- C. buyer
- D. seller
Which of the following statements are true about documentary credit_____?
- A. documentary credit means payment against document instead of against goods
- B. all the documentary credits are operated through banks
- C. the buyers is not required to pay for the goods until the arrival of the relevant shipping documents
- D. the documents transfer title to the goods
The banks on the buyer’s side on L/C arrangement are____.
- A. issuing bank
- B. advising bank
- C. negotiating bank
- D. paying bank
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