题目内容（请给出正确答案）

[主观题]

（）is the first procedure of L/C business.

A、The importer and exporter sign a sales contract and make an agreement on L/C payment.

B、The importer makes application for L/C with his bank. The bank approves the application and issues L/C.

C、The issuing bank advises the documentary credit to the advising bank.

D、The advising bank delivers the L/C to the exporter.

提问人：网友clementqh 发布时间：2022-01-07

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更多“（）is the first procedure of L/…”相关的问题

第1题

（） is the last procedure of L/C business.

A、The issuing bank will perform payment after a thorough checking of the document.

B、The issuing bank notifies the importer to make payment for documents.

C、The importer makes payment and receives the documents.

D、The importer takes delivery of the goods at dock

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第2题

Three basic grouping of steps of L/C are not include （）.

A、issuance

B、purchase

C、examine and amendment

D、utilization

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第3题

Under（）, payment will be made against a draft with specified shipping documents or only the specified shipping documents.

A、sight credit

B、time credit

C、clean credit

D、documentary credit

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第4题

（） describes the procedure for the seller’s shipping of the goods, the transfer of documents from the seller to the buyer through the banks, and the transfer of payment from the buyer to the seller through the banks.

A、Issuance

B、Purchase

C、Examine and amendment

D、Utilization

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第5题

（） describes the process of the buyer’s applying for and opening a documentary credit at the issuing bank and the opening bank’s formal notification of the seller through the advising bank.

A、Issuance

B、Purchase

C、Examine and amendment

D、Utilization

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第6题

（） is a credit that constitutes a definite undertaking of the issuing bank and can be amended or cancelled by it only on condition that all parties consented.

A、Revocable L/C

B、Irrevocable L/C

C、Sight L/C

D、Time L/C

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第7题

（） provide the beneficiary a double assurance of payment.

A、Revocable L/C

B、Irrevocable L/C

C、Confirmed L/C

D、Unconfirmed L/C

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第8题

When a transaction is concluded on L/C terms, the （） is usually under the obligation to establish an L/C with his bank within the time limit stipulated in the sales contract.

A、buyer

B、seller

C、winner

D、loser

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第9题

（）is the letter of credit that has not been confirmed by another bank.

A、Revocable L/C

B、Irrevocable L/C

C、Confirmed L/C

D、Unconfirmed L/C

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第10题

On receiving the relevant L/C, the （）should first of all make a thorough examination to see whether the clauses set forth in the L/C are in full conformity with the terms stated in the sales contract.

A、buyer

B、winner

C、seller

D、loser

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