1、M/T stands for ( ) when it is used for the international payment.
A、 measurement ton
B、 metric ton
C、mail transfer
D、mobile Telephone
2、The bank that is entrusted by the remitting bank to collect the payment is ( ).
A、transmitting bank
B、collecting bank
C、 receiving bank
D、 remitting bank
3、If a L/C stipulates that “Shipment must be effected as soon as possible by the beneficiary”, then the bank may disregard the expressions such as prompt, immediate, or as soon as possible according to the ucp600.
A、对
B、错
4、 When the collecting bank releases the documents to the buyer based on the trust receipt, then the legal title to the goods remains with the principal.
A、错
B、对
5、 Documents against acceptance offers the greater security to the exporter than documents against payment.
A、错
B、对
