题目内容

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

A confirmed credit
B. An irrevocable credit
C. Non-transferable credit
D. A negotiable credit

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If there is no specific provision, the draft under a letter of credit should draw on the ____.

Advising bank
B. Issuing bank
C. Negotiating bank
D. Applicant

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Which of the following statements is NOT true about remittance?

A. It provides highest security to the buyer but not the seller.
B. It is cheaper to use than the other terms of payment.
C. It is based on commercial credit, not bank credit.
D. It may impose high risk either to the buyer or the seller.

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A letter of credit which does not indicate whether it is revocable or not is regarded as irrevocable.

A. 对
B. 错

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Open account and payment in advance indicate the minimum and maximum risk for the importer.

A. 对
B. 错

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

A confirmed credit B. An irrevocable credit C. Non-transferable credit D. A negotiable credit

If there is no specific provision, the draft under a letter of credit should draw on the ____.

Which of the following statements is NOT true about remittance?

A letter of credit which does not indicate whether it is revocable or not is regarded as irrevocable.

Open account and payment in advance indicate the minimum and maximum risk for the importer.

A confirmed credit
B. An irrevocable credit
C. Non-transferable credit
D. A negotiable credit