题目内容

The counter back letter of credit is opened on the basis of the original letter of credit, which must have a letter of credit of ().

A. irrevocable
B. at will
C. revocable
D. transferable

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According to UCP500, each letter of credit must specify the period of validity. If the validity period of a letter of credit is "one month" or "six months", but does not specify when to start, then it should be understood as starting from ().

A. date of bill of lading
B. L/C opening date
C. the date on which the letter of credit is advised
D. presentation period of documents

When using the method of collection, whether the collecting bank should pay for the payment? ()

A. has no responsibility
B. take part of the responsibility
C. has responsibility
D. it depends on the situation

If the credit has not indicated the drawee, the drawee should be written as().

A. applicant
B. issuing bank
C. negotiating bank
D. advising bank

The basis of bank's examination and negotiation are().

A. contract and letter of credit
B. contracts and documents
C. documents and letters of credit
D. letter of credit and power of attorney

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