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
A: Standby letter of credit
B: Advance letter of credit
C: Confirmed letter of credit
D: Documentary credit
举一反三
- The role of Exporter in international settlement might be _______.() A: beneficiary in documentary letter of credit B: Applicant in documentary letter of credit C: principal in documentary collection D: drawer of commercial draft in collection and letter of 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
- There are basically two types of letter of credit: revocable letter of credit and letter of credit at sight.
- Which payment method are widely used in international trade? A: Documentary Collection B: Remittance C: Letter of Credit D: Credit card
- A letter of credit is( ).