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单选题 In a letter of credit transaction, payment is made in exchange for___
学科：默认课程
时间：2025-12-27 09:57:45
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题目1单选题
A bank informs the beneficiary that another bank has opened a letter of credit in his favor. The bank informing the beneficiary does not add its engagement. This bank is acting as____A. an advising bankB. a confirming bankC. an issuing bankD. a presenting bank
题目2单选题
The bill of exchange is a ____ payment instrument, indicating an unconditional___ in writingA. three-party, promiseB. three-party, orderC. two-party, promise C. two-party, order
题目3单选题
Which document may not be necessarily presented in documentary collectionA. bill of ladingB. certificate of inspectionC. collection orderD. bill of exchange
题目4单选题
In a letter of credit transaction, payment is made in exchange for___A. mate's receiptB. packing listC. shipping documentsD. bill of exchange
题目5单选题
Which one of the following factors cannot determine whether the beneficiary is to be paidA. conditions of merchandiseB. documents listed in letter of creditC. expiry dateD. presentation to bank named in an L/C
题目6单选题
The bank of China opened a letter of credit for its customer-China Morning Star Co Ltd to Mitsui Co.,and the letter of credit is confirmed by a bank in Japan. Who is the beneficiary under this creditA. Bank of ChinaB. China Morning Star Co., LtdC. Bank of JapanD. Mitsui Co
题目7单选题
A letter or credit cannot be amended or changed without prior consent of all the parties, indicating the ___ of itA. transferabilityB. confirmationC. validityD. irrevocability
题目8单选题
Among the following methods of payment, which is the most secure one for the exporterA. cash with orderB. open accountC. cash on deliveryD. cash before shipment
题目9单选题
Which of the following payment method is independent on commercial creditA. letter of creditB. telegraphic transferC. cash in advanceD. open account
题目10单选题
By using a time draft, the documents representing the title to goods can only be handed over the buyer by the bank. This method of payment is___A. D/P sightB. D/P after sightC. D/AD. open account
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