国际结算与融资Chapter5作业
7页1、Chapter 5I. Select the best answer.1. In L/C business , the exporter can receive the payment only when ( )A. he has shipped the goodsB.he has presented the documentsC.the documents presented constitute a complying presentationD.the importer has taken delivery of the goods.2. In L/C business, the issuing bank can refuse to pay the credit amount when ()A.the applicant prevents him from making paymentB.the goods are not the same as those stipulated in the sales contractC.one kind of document requir
2、ed by L/C isnt presented.D.balance of the applicants account is not enough for payment .3. Of the following kinds of L/C, ( )is the L/C which requires no drafts at all.A.sight payment creditB.deferred payment creditC.acceptance creditD.negotiation credit4. Of the following kinds of L/C, ( ) is the L/C in which drafts are always required.A.sight payment creditB.deferred payment creditC.acceptance creditD.negotiation credit5. Of the following kinds of L/C, ( ) is the L/C which is especially suitab
3、le foruse to settle the payment of trade conducted through a middleman.A.non-transferable creditB.reciprocal creditC.revolving creditD.back to back credit6. Of the following kinds of L/C, ( )is the L/C which is especially suitable for use to settle the payment of trade conducted through a middleman.A. transferable creditB. reciprocal creditC. revolving creditD.confirmed credit7. Of the following kinds of L/C, ( ) is the L/C which is especially suitable for use to settle the payment under a long
4、term contract covering goods to be transported by regular partial shipments.A.non-transferable creditB.reciprocal creditC.revolving creditD.back to back credit8.Of the following kinds of L/C, () is the L/C which is especially suitable for use to settle the payment under counter trade.A.non-transferable creditB.reciprocal creditC.revolving creditD.back to back credit9. Confirmation of a credit may be given by ( )A. the beneficiary at the request of the importerB. the advising bank at the request
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