23. A stand-by letter of credit ( )
举一反三
- 中国大学MOOC: 23. A stand-by letter of credit ( )
- A stand-by letter of credit ______________. A: is never revoked B: is not a letter of credit C: is invoked in the event of non-compliance by buyer or seller with the terms of an original credit D: is invoked in the event of non-compliance by the buyer or seller with the terms of the sales contract
- There are basically two types of letter of credit: revocable letter of credit and letter of credit at sight.
- In actual business, which of the following is called "red clause letter of credit"？（） A: Standby letter of credit B: Advance letter of credit C: Confirmed letter of credit D: Documentary credit
- The characteristics of the letter of credit include that （ ）。 A: a letter of credit business is a banker's credit B: a letter of credit is an independent instrument C: the exporter must be able to get paid under L/C D: a letter of credit is a kind of transaction of documents