1、Which of the following is clean collection? ( )
A、collection of financial documents accompanied by commercial documents
B、collection of commercial documents not accompanied by financial documents
C、collection of financial documents not accompanied by commercial documents
D、collection by B
2、Which of the following is L/C/? ( )
A、The issuing bank takes the first responsibility to pay.
B、L/C is a transaction of documents.
C、L/C is independent on trade contract.
D、It is based on bank credit.
3、A transferable L/C can be transferred only once.
A、对
B、错
4、L/C is dependenton sales contract.
A、对
B、错
5、Which can be used to settle middleman trade? ( )
A、reciprocal L/C
B、transferable L/C
C、back-to-back L/C
D、red clause L/C
6、Anticipatory L/C provides financingto the importer.
A、对
B、错
7、Revolving L/C can be renewed or reinstated.
A、对
B、错
8、Back-to-back L/C involves two L/Cs.
A、对
B、错
9、Under a letter of credit, the exporter can receive the payment only when ( ).
A、he has shipped the goods
B、he has presented the documents
C、the documents presented comply with the credit terms
D、the importer has taken delivery of the goods
10、Which is based commercial credit? ( )
A、L/G
B、L/C
C、remittance
D、collection
