What advantages does the documentary credit have for both the seller and the buyer?
举一反三
- In general trades, there are buyer and seller, and the transaction is simple and convenient. Yet in compensation the buyer and the seller play the double roles as both buyer and seller in the meantime.
- 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
- What advantages does internet shopping have for small specialist shopping?It can offer_________________.
- In ___________, the buyer’s bank undertakes to pay the seller when the terms and conditions have been met. A: payment in advance B: open account payment C: documentary collection D: L/C
- To trade on an acceptance credit basis, the bill is accepted by ______. A: the buyer B: the seller C: the buyer or tile bank D: the nominated bank