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1、It is laid down in our S/C that the covering of L/C______before the end of August.

A、is to be reached
B、is to be arrived here
C、is to reach here
D、is to receive here

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2、We believe we can______ if you agree to pay by D/P at sight.

A、put the business through
B、materialize the business
C、result the business
D、close a business

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3、If the seller finds any discrepancies in the letter of credit, whom does he ask for an amendment?

A、The issuing bank
B、The advising bank
C、The buyer
D、The negotiating bank

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4、The description of merchandise on the letter of credit must be identical to that on the____.

A、insurance policy
B、sales contract
C、invoice
D、certificate of origin

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5、After signing the sales contract, the importer should establish the L/C according to the contract without delay.

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6、The phrase “observing the contract once you have signed it” is to remind the buyers of reading the contract carefully when they are signing it.

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7、The importer dislikes messages requiring L/C extension and amendment.

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8、The date of shipment and the validity of L/C should be extended to the same date.

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9、The exporter insists that “5% more or less” be added to the clause of quantity because it is impossible to ship the exact amount for bulk goods.

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