超星 - PAYMENT test - 查题吧

单选题

If the exporter finds out mistakes on a received L/C, he should contact the () at the first time .

A. negotiating bank
B. importer
C. advising bank
D. issuing bank

单选题

If there is no special provision, the draft under a letter of credit should draw on the ().

A. Issuing bank
B. applicant
C. advising bank
D. negotiating bank

单选题

Once the importer refuses to pay by collection, the () will be responsible for the cargo release, customs clearance, warehousing, and reselling in the importing country.

A. drawee
B. principal
C. importer's bank
D. exporter's bank

单选题

A () credit is normally used in processing trade.

A. back to back
B. transferable
C. reciprocal
D. revolving

单选题

If a bank other than the issuing bank guarantees the payment under an L/C, this L/C is a/an ().

A. confirmed credit
B. non-transferable credit
C. irrevocable credit
D. negotiable credit

单选题

A credit stipulates that the quantity of the bulk cargo is 1,000 M/T and the total amount is USD 0.9 million. It shows no "more or less clause" and partial shipment is not allowed. According to UCP 600, ()

A. the quantity and total amount of the goods delivered can be 5% more or less, while the total amount cannot exceed USD 0.9 million.
B. the quantity and total amount of the goods delivered should not increase or decrease.
C. the quantity and total amount of the goods delivered can be 5% more or less.
D. the quantity and total amount of the goods delivered can be 10% more or less.

单选题

In L/C settlement, the obligation of the advising bank is ()

A. to buy a documentary draft
B. to issue the L/C upon the application of the importer
C. to make actual payment
D. to notify the seller of the arrival of the L/C

多选题

What are the required contents of a draft as per China's laws?

A. drawer's signature
B. payer's name
C. issuing date
D. no indication of conditions under which the payment is to be made

多选题

The most popularly used draft in international trade is to be drawn

A. payable to order
B. payable to the holder
C. by the exporter
D. by the importer

多选题

() credits are often used by export brokers.

A. transferable
B. clean
C. back to back
D. reciprocal

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