The method of payment for each transaction_____ be agreed upon between the two trading parties at the time of _____.
A. is to, negotiating the transaction
B. are to, placing an order
C. will be to, taking delivery of the goods
D. has to, negotiating with the bank
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The covering L/C must be confirmedby _____.
A. the bank to accept us
B.a bank acceptable to us
C. the bank acceptable for us
D. a bank acceptable by us
The two firms agree to ____a jointventure in China.
A. enter into
B. Intend
C. engage
D. embark on
The joint venture should apply forthe extension of the term _____.
A. six months expiration before
B.before expiration six months
C. before six months expiration
D.six months before expiration
The party _____ shall appoint 3directors.
A. that have 70% shareholding
B.have 70% shareholding
C. with 70% shareholdings
D.having 70% shareholding
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