In the following payment terms,()is the safest term to the seller.
A. Payment against documents, at 30 days after sight
B. Payment by T/T, at 30 days after arrival of goods
C. Payment against documents, at 30 days from the date of B/L
D. Payment by acceptance L/C, at 30 days after sight
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According to UCP 600, under L/C, the payer of the draft is().
A. the buyer
B. the advising bank
C. the negotiating bank
D. .the issuing bank
The term of FOB should be followed by()in a international trade contract.
A. v
B. named port of shipment
C. named port of destination
D. named place of destination
According to UCP 600, the confirming bank must negotiate and/or honor()
A. if the issuing bank agrees to negotiate and/or honor
B. .if the applicant agrees to negotiate and/or honor
C. if it has received a complying presentation from the presenter
D. if the beneficiary has shipped the stipulated goods on time
According to CISG, the international business person can()before the offer reaches the offeree.
A. withdraw his/her offer
B. revoke his/her offer
C. withdraw his/her contract
D. revoke his/her contract