题目内容

Which of the following statements is not true?

A. Special endorsement carries the names of both endorsor and endorsee, but can be paid to the order of the endorsee.
B. With restrictive endorsement,the endorsee cannot transfer the draft to a third person.
C. Blank endorsement only carries the name of endorsee.
D. Sepcial endorsement is the most safe way to transfer drafts.

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Negotiable instruments should not be

A. causative
B. non-causative
C. requisite in form
D. transferable

The bill of exchange used in D/A must be a ().

A. banker's draft
B. time draft
C. banker acceptance draft
D. sight draft

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

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

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