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
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
举一反三
- 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
- There are basically two types of letter of credit: revocable letter of credit and letter of credit at sight.
- Remittance and collection belong to commercial credit, and letter of credit belongs to banker’s credit.
- Letter of credit belongs to banker’s credit.
- 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