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[主观题]

Documentary credits are separate transactions from the contract of sales with which thev a

re re1ated．In documentary credits【S1】ave concerned only with documents．and their decision whether or not to pay，accept or negotiate under a credit depends solely off whether the documents presented conform. to the terms and conditions in the 【S2】．When the beneficiary submits documents that contain discrepancies or errors，the banks will reject the documents and retum them to the 【S3】 for resubmission after corrections．Seen from a different perspective，even if the importer becomes bankrupt after the shipment，the beneficiary is entitled to payment by the issuing bank as long as he is able to present the correct【S4】stipulated in the credit．That banks deal only with documents and not performance of the【S5】is key to the operation of documentary credits．

【S1】

A．sellers

B．buyers

C．banks

D．carders

提问人：网友cdly7475 发布时间：2022-01-07

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更多“Documentary credits are separa…”相关的问题

第1题

The letter of credit payment method has the following characteristics ( )

A、The issuing bank pays the beneficiary when the importer fails to fulfill the payment obligation.

B、Bank credit

C、The issuing bank is only bound by the letter of credit and has nothing to do with the trade contract

D、The bank guarantees to provide qualified goods to the importer

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第2题

What are the parties concerned for the Remittance?

A、the remitter

B、the payee

C、the remitting bank

D、the paying bank

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第3题

( ) gives the beneficiary double assurance of payment.

A、A. The irrevocable credit

B、B. The revocable credit

C、C. The confirmed credit

D、D. The irrevocable confirmed credit

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第4题

Yling Co entered into a contract in respect of which performance obligations are satisfied over time on 1 January 20X4. The contract is expected to last 24 months. The price which has been agreed for the contract is $5 million. At 30 September 20X4 the costs incurred on the contract were $1.6 million and the estimated remaining costs to complete were $2.4 million. On 20 September 20X4 Yling Co received a payment from the customer of $1.8 million which was equal to the total of the amounts invoiced. Yling Co calculates the stage of completion of its performance obligations on contracts on the basis of amounts invoiced to the contract price. What amount would be reported in Yling Co's statement of financial position as at 30 September 20X4 as the contract asset arising from the above contract?

A、Nil

B、$160,000

C、$800,000

D、$200,000

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第5题

Credit cards are instruments issued by banks to customers to enable them to acquire goods, services or currency on credit. 信用卡是银行为使客户能以赊账的方式购买商品、获得服务和提取货币而发行的一种工具。

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第6题

In _______, the sale transaction is settled by the bank through an exchange of documents

A、A) payment in advance

B、B) open account payment

C、C) documentary collection

D、D) L/C

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第7题

【判断题】The right to the franchise is sold by the franchisor to the franchisee for an initial sum of money, often called the up-front entry fee, or franchise fee.

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第8题

翻译 breach the fiduciary duty

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第9题

Under letter of credit, the primary debtor is the ( ).

A、applicant

B、importer

C、issuing bank

D、nominated bank

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