题目内容

Write down the full names of the following abbreviations.1. D/D ___2. M/T _3. T/T 4. D/P 5. D/A __

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Which of the following is NOT a mode of payment terms?

A. letter of credit
B. remittance
C. collection
D. check

The bill of exchange used in D/A must be a ____

A. Sight bill
Bank bill
C. Bank accepted bill
D. Usance bill

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 ____.

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