题目内容
15. A letter of credit is a written______ issued by a bank to the seller.
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1.A revocable L/C means that once the L/C is opened, without agreement of the beneficiary, the opening bank can’t amend or revoke the L/C within its validity.
2.As long as the beneficiary provides the documents in accordance with the stipulation in the L/C, the opening bank shall perform its duty of payment.
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.
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.
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