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国际结算模拟题-立信
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21、A letter of credit is B .
a formal guarantee of payment
a conditional undertaking to make payment
an unconditional undertaking to make payment
a two bank guarantee of payment
22、Confirmation of a credit may be given by B .
the beneficiary at the request of the importer
the advising bank at the request of the issuing bank
the advising bank after the receipt of the correct documentation
the issuing bank after the receipt of the correct documentation
23、The beneficiary of a transferred credit is C .
the paying / accepting /negotiating bank
the shipper
the middleman
the producer
24、which of the following details on the transferred credit may not be different to that of the credit before transfer? B .
The shipping date
The expire date of the credit
The description of the goods
The name of the applicant
25、 C gives the beneficiary double assurance of payment.
The irrevocable credit
The revocable credit
The confirmed credit
The back-to-back credit
26、If the credit stipulated total amount available is about USD 100,000.00, then bank will refuse the invoice that bears the amount of C .
A.USD 100,000.00 B. USD 100,500.00
C. USD 120,000.00 D. USD 99,900.00
27、The beneficiary must do two things to be paid . He must present documents which conform to the credit, C no later than 21days after the date of shipment.
and must present them on the expiry date
and must present them before the expiry date
and must present them on or before the expiry date
and must present them around the expiry date
28、 D must approve any amendments to a confirmed irrevocable L/C.
A. The beneficiary B. The confirming bank
C. The issuing bank D. A and B and C
29、In a letter of credit, the bank pays the seller for A .
documents which agree with the credit
merchandise which the buyer ordered
merchandise which agree with the contract
documents which agree with the contract
30、J.A. Sm
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