3.An irrevocable L/C means the opening bank may amend or revoke the credit before negotiation, acceptance or payment without agreement of the beneficiary.
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4.A confirmed L/C is accepted by the bank. When the beneficiary presents the time draft to the bank, the bank will accept it and pay the price on the due date.
A. 对
B. 错
5.The opening bank invites other bank to buy draft and /or documents. This kind of L/C allows the beneficiary to negotiate the purchase price from an indicated bank or any bank.
A. 对
B. 错
6.Negtiation L/C can fall into open negotiation L/C andrestricted negotiation L/C.
A. 对
B. 错
7. Anticipatory L/C is a kind of safe and usually used L/C in practice.
A. 对
B. 错