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2. 27 June 3. 02 July 4. 03 July A. 1 and 2 only B. 1 and 4 only C. 2 and 3 only
26. When an advising bank has accepted a time/usance draft under an advised documentary credit, they are responsible for effecting payment at maturity when ( )?
A. they have received funds from the issuing bank] B. they have received funds from the reimbursing bank C. the draft is presented by the beneficiary
27. In accordance with UCP all the following statements relating to commercial invoices under a non-transferable documentary credit are correct EXCEPT the commercial invoices must () A. Be manually signed by the beneficiary B. Be made out it the name of the applicant
C. Appear to have been issued by the named beneficiary and indicate the description of goods corresponding with the documentary credit.
28. Which of the following Incoterms is correctly described?
IncoterInsurance
A. B. C.
29. Which party has the most responsibility to examine the terms and conditions of a documentary credit against the sales agreement? A. Applicant B. Beneficiary C. Issuing bank
30. In the case of a non-cumulative revolving documentary credit available for USD10,000.00 per month and valid for six months, which of the following statements is correct? 1. The face value of the credit is USD10,000.00 2. The face value of the credit is USD 60,000.00
3. The amount(s) not utilized in one month may be carried over to the next
m CFR FOB FCA
required Yes No No
Transport document Freight Collect Freight Paid Freight Collect
4. The total undertaking of the issuing bank is USD60,000.00 A. 1 and 3 only B. 1 and 4 only C. 2,3 and 4 only
PART TWO 多项选择
1. An L/C calls for a certificate of origin issued by the ICC, which of the following samples are acceptable?
A. B.
C.
ICC CERTIFICATE OF ORIGIN Xxxx Signed by Smith CERTIFICATE OF ORIGIN XXXXXXXX CERTIFICATE OF ORIGIN XXXXXXXX Signed by Smith Director of ICC
2. Which of the following documents must be dated?
Signed by Smith A. Packing list B. Drafts
C. Transport documents D. Insurance documents
3. L/C: a packing list and a weight list. Are the following packing lists acceptable under the above L/C?
A. B.
C.
PACKING LIST and “Packing details weight shown” and details PACKING & WEIGHT LIST “Packing and weight “Packing details shown” weight shown”
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