10. According to UCP 600, the confirming bank must negotiate and/orhonor________.
A. if the issuing bank agrees to negotiate and/or honor
B. if the applicant agrees to negotiate and/or honor
C. if it has received a complying presentation from the presenter
D. if the beneficiary has shipped the stipulated goods on time
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11. ______is compulsory.
A. International businesslaw
B. UCP600
C. international practice
D. Incoterms 2010
12. According to UCP 600, the issuing bank will refuse an______.
A. on boardB/L
B. order B/L
C. anti-dated B/L
D. unclean B/L
13. ______can be transferred to another person with a proper endorsement.
A. a sight L/C
B. an order B/L
C. a contract
D. a straight B/L
14. In the following payment terms, ______is the safest term to the seller.
A. D/Pat 30 days after sight
B. T/T at 30 days after arrival of he tgoods
C. D/A
D. acceptance L/C at 30 days after sight
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