In actual business, which of the following is called "red clause letter of credit"?()
A. Standby letter of credit
B. Advance letter of credit
Confirmed letter of credit
Documentary credit
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The counter back letter of credit is opened on the basis of the original letter of credit, which must have a letter of credit of ().
A. irrevocable
B. at will
C. revocable
D. transferable
According to UCP500, each letter of credit must specify the period of validity. If the validity period of a letter of credit is "one month" or "six months", but does not specify when to start, then it should be understood as starting from ().
A. date of bill of lading
B. L/C opening date
C. the date on which the letter of credit is advised
D. presentation period of documents
When using the method of collection, whether the collecting bank should pay for the payment? ()
A. has no responsibility
B. take part of the responsibility
C. has responsibility
D. it depends on the situation
If the credit has not indicated the drawee, the drawee should be written as().
A. applicant
B. issuing bank
C. negotiating bank
D. advising bank