According to UCP600, the terms “beginning” of a month in the letter of credit shall be construed as ( )
举一反三
- According to UCP600, letters of credit shall specify an expiry date and place.
- According to UCP600, a letter of credit which does not indicate whether it is transferable or not would be considered as transferable.
- 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
- Stipulations in Letter of Credit should strictly conform to the terms of the contract.
- The ( ) refers to the bank that is responsible for payment of the proceeds under a letter of credit if the terms and condition of the credit are complied with.