Among the following payment methods of international trade, which of the following methods belongs to direct remittance method, i. e. by which the flow direction of bills is the same as that of funds ( )
A. Collection
B. Letter of Credit
Cash payment
D. Remittance
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Which of the following responsibilities does the advising bank bear in terms of payment by L/C ( )
A. If the entrustment is not accepted, it must inform the issuing bank without hesitation
B. It is liable to the beneficiary of the L/C for documentary payment
C. It shall examine the apparent authenticity of the L/C reasonably and cautiously
D. It shall examine the substantial authenticity of the L/C reasonably and cautiously
What kind of L/C is the letter of credit issued by the issuing bank and guaranteed to be honored by another bank（ ）
A. Revocable letter of credit
B. Transferable letter of credit
Confirmed letter of credit
D. Clean letter of credit
In international trade, if payment is made by letter of credit, which of the following party’s name should be indicated in the column of drawee on the draft ( )
A. Buyer's name
B. Name of issuing bank
C. Name of notification line
D. Name of negotiating bank
Which of the following statements in respect of a bill of lading are incorrect ( )
According to the Hague Rules, a bill of lading is a document of title
B. Under the Hamburg Rules, a bill of lading is the carrier's commitment to deliver the goods of the bill of lading to the holder of the document
C. According to the Maritime Law of the People's Republic of China, a bill of lading is prima facie evidence that the carrier has received the goods
D. Bill of Lading is a certificate of delivery signed by the shipper
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