国际结算与融资 Chapter5 作业Chapter 5 I. Select the best answer. 1. In L/C business , the exporter can receive the payment only when ( ) A. he has shipped the goods B.he has presented the documents C.the documents presented constitute a complying presentation D.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 payment B.the goods are not the same as those stipulated in the sales contract C.one kind of document required by L/C isn‘t presented. D.balance of the applicant‘s 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 credit B.deferred payment credit C.acceptance credit D.negotiation credit 4. Of the following kinds of L/C, ( ) is the L/C in which drafts are always required. A.sight payment credit B.deferred payment credit C.acceptance credit D.negotiation credit 5. 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.non-transferable credit B.reciprocal credit C.revolving credit D.back to back credit 6. 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 credit B. reciprocal credit C. revolving credit D.confirmed credit 7. Of the following kinds of L/C, ( ) is the L/C which is especially suitable for use to settle the payment under a long term contract covering goods to be transported by regular partial shipments. A.non-transferable credit B.reciprocal credit C.revolving credit D.back to...
