A、A L/G
B、B L/C
C、C remittance
D、D collection
A、A he has shipped the goods
B、B. he has presented the documents
C、C. the documents presented comply with the credit terms
D、D. the importer has taken delivery of the goods
A、A The issuing bank takes the first responsibility to pay.
B、B L/C is a transaction of documents.
C、C L/C is independent on trade contract.
D、D It is based on bank credit.
A、A reciprocal L/C
B、B transferable L/C
C、C back-to-back L/C
D、D red clause L/C
A、A. letter of credit
B、B. remittance under cash in advance
C、C. remittance under open account
D、D. banker’s draft
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