Unless otherwise stated in the letter of credit, banks will not accept ______ presented by the beneficiary.A．open coverB．cover noteC．insurance certificateD．insurance policy
Unless otherwise stated in the letter of credit, banks will not accept ______ presented by the beneficiary.
A．open cover
B．cover note
C．insurance certificate
D．insurance policy
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听力原文：M: Oh, my God! Jessica. It's five p. m. now. Tomorrow is Saturday. The credit will expire on Sunday. Weekend is non-business day. We cannot make it today. What shall we do?W: Don't worry. Banks will accept presentation on the following business day.Q: When will the bank deal with the credit if the expiry date of a credit fails on a non-business day?(19)A．On every business day.B．On Tuesday.C．On Wednesday.D．On the following business day.
According to the passage, a documentary letter of credit is one which ______.A．includes any draftsB．includes drafts accompanied by invoice, bill of lading and other documentsC．is accompanied by invoices, bill of lading and other documentsD．is accompanied by drafts as well as insurance policy and commercial invoices
The terms of payment are important for both the seller and the buyer. For the seller, the best terms would be full payment ________. We’re flexible, adaptable and innovative. Everything we do is about your bu cash at the time of sale. But the buyer would prefer to have the goods before making payment. Importers and exporters are separated from each other by ________. We’re flexible, adaptable and innovative. Everything we do is about your bu?of miles. This adds to the difficulties of ________. We’re flexible, adaptable and innovative. Everything we do is about your bu an agreement of payment. However, exporters and importers usually meet each other half-way and agree to payment by a Letter of Credit. A letter of credit (L/C) is a banker’s guarantee that payment will be made, if all the required shipping documents are presented. * In this way, exporters receive a guarantee not only from importers, but also from a bank. * On ________. We’re flexible, adaptable and innovative. Everything we do is about your buhand, importers are given the guarantee that the bank will not make payment unless all the shipping documents are presented. Nevertheless, the exporter can further require an ________letter of credit. That means the guarantee of payment cannot be cancelled either by the opening bank or the importer.
听力原文：What is it called if a letter of credit is issued for guarantee of performance rather than payment?(3)A．Back-to-back credit.B．Reciprocal credit.C．Documentary credit.D．Stand-by credit.
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the letter of credit requires “three copies of inspection certificate issued by CCIC”. The documents presented as follows. Which is acceptable？（）A、in 3 originalsB、in 3 copiesC、in 1 original and 2 copiesD、in 2 originals and 1 copy
问答题Credit cards enable their holders to obtain goods and services on credit. They are issued by retail stores, banks, credit card companies to approved clients. The bank or credit card company settles the client’s bills, invoicing him monthly and charging interest on any outstanding debts. Their profit comes from the high rate of interest charged, the card holder’s subscriptions, and the fees paid by some organizations that accept cards.
多选题the letter of credit requires “three copies of inspection certificate issued by CCIC”. The documents presented as follows. Which is acceptable？（）Ain 3 originalsBin 3 copiesCin 1 original and 2 copiesDin 2 originals and 1 copy
单选题If banks ______ the number of credit cards, the economy would improve.AlimitingBlimitedChad limitedDare limiting
名词解释题L／C(Letter of Credit)