According to the passage, a documentary letter of credit is one which ______.
A. includes any drafts
B. includes drafts accompanied by invoice, bill of lading and other documents
C. is accompanied by invoices, bill of lading and other documents
D. is accompanied by drafts as well as insurance policy and commercial invoices
查看答案
The money a bank uses for lending is borrowed from depositors.
A. Right
B. Wrong
C. Doesn't say
A．inB．toC．aboutD．on
A. in
B. to
C. about
D. on
A．commoditiesB．cashC．insuranceD．futures
A. commodities
B. cash
C. insurance
D. futures
How can the seller receive immediate payment if the draft is made payable on a future date？
A. He can send the draft to the correspondent bank for immediate payment.
B. He can present it to the bank against which it is drawn for payment.
C. He can ask the buyer to pay the money.
D. He can discount the draft at his bank and get money immediately.
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