CAD凭单付款

I.Trueorfalse1.Ininternationaltrade,itisalwaysnecessaryforthesellertourgethebuyertoopenthecoveringL/Cingoodtime.()2.WhenthebuyerfailstoissuethecoveringL/Cwithinthespecifiedtimeofthecontract,thesellerholdstherightofdeclaringthecontractavoid.()3.WhenthecontractrequirespaymentstobeeffectedinUSdollar,therelevantL/CmaychoosetoeffectpaymentinRMB.()4.IftheL/Cprohibitspartialshipmentsandthegoodsareshippedinfullquantitywiththepricenotreduced,ashortdrawingof5percentintheamountispermissible.()5.WhentheL/Cstipulatesthatthequantityofthegoodsmustnotbemoreorlessthantheprescribedquantity,thesellermaystillhavetherightofdelivering5percentmoreorless.()6.AccordingtotheUCP500,afreelynegotiablecreditmuststipulateaplaceforpresentationofdocumentsfornegotiation.()7.AccordingtoArticle43oftheUPC500,whentheshipmentdateandtheexpirydateofL/CareAugust30andSeptember15respectively,thebeneficiarymaypresentthedocumentsbetweenSeptember16and20becausethesedateshavenotexceededaperiodof21days.()8.Whenthegoodsareposted,thelatestdateofshipmentreferstothedateofPostReceipt.()9.IftheIssuingBandappointstheBankofChinaasitsAdvisingBankofL/C,thentheIssuingBankmayasktheBankofAsiatoadvis4eamendmentstotheL/C.()10.TheBeneficiaryofaletterofcreditmayindicatehisacceptanceorrejectionoftheamendmentstillwhenhepresentstherelevantdocuments.()11.Inourcountrygoodsforexportmustgothroughcustomsclearance.()12.WhenexportinggoodsonCFR,CPTorFOBterms,thesellermustpaytheinsurancepremium.()13.AccordingtoUCP500,ifdocumentsareincorrespondencewithL/C’sstipulations,discrepanciesbetweenthedocumentsthemselvesareallowed.()14.BankswillrefusetopayifthedocumentswhicharenotrequiredbytheL/Carepresentedtothem.()15.WhendocumentsarepresentedtotheOpeningBank,theyshallbeexaminedcarefullywithinonemonth.()16.AsanL/Cbeneficiary,thebuyermustactonanysuggestionswrittenintheL/Ceveniftheyarenotdocuments.()17.Ifaletterofcreditstipulatessomeconditionsbutdoesnotrequiretherelateddocuments,thebanksmaydisregardthemasnotstated.()18.AccordingtotheUCP500,CommercialInvoicemustbeissuedbythebeneficiarynamedintheL/C.()19.ThebeneficiaryofaletterofcreditmaychoosetopresentonecopyoftheInsurancePolicyifithasmorethanoneoriginalcopy.()20.ACertificateofOrigincanbeusedonlytoprovethetimewhentheexportcommoditieswereproduced.()II.Ineachblankspacewriteawordthatfitsnaturally:Themostgenerallyused____ofpaymentinthe____tradeisthe____ofcredit.Itis____forindividualtransactionsor____aseries,makes____withunknownbuyerseasyand____protectiontobothsellerandbuyer.TheprocessofestablishinganL/C____withthebuyer.Heinstructshisbankto____anL/Cforthe____ofthepurchase____infavoroftheseller.The____containfulldetailsofthe____asagreeduponbetweenthebuyerandtheseller.Thebuyer'sbank____theL/Ctoits____intheseller'scountry.____receivingtheL/C,the____advisesthesellerofthearrivalthe____.Inforeigntradeitis____forthecorrespondentto____thecredit.Thismeansthatthecorrespondent____topaythesellerthemoney____tohim,providedtheconditionsset____intheL/Chavebeencomplied____.Thesellercannowexecutethebuyer'sorder,____thatwhenhehasdoneso,the____willbepaidatoncebythecorrespondent.Thebuyerisequally____,becausethecorrespondentwillpayonhis____onlyiftheconditionsofthetransactionarefully________bytheseller.III.PaymentandacknowledgementA.Readthebillofexchangebelowandanswerquestions.--------------------------------------------------------------------------------------------------TWOCOPIESNo.80W5069-2Date:4thDEC.2005EXCHANGEFORUSD63,162.00At90DAYSsightofthisFIRSTOFEXCHANGE(secondofthesametenoranddateunpaid)paytotheorderofOURSELVESthesumof__________________________ValuereceivedDrawunderLCNo.314955BOF1STAUG.1999ISSUEDBYYOURGOODSELVESTOHORNERHENANNATIVEPRODUCE&ANIMALTRUSTCO.BY-PRODUCTSIMP.&EXP.CO.PITTSBURG________________________MANAGER--------------------------------------------------------------------------------------------------1.Whoisthedrawer/drawee?i.e.whoispayingwhom?2.Onwhichdaywasthedraftdrawn?3.IstheBillinsola(onecopy)ortwo?4.Howmuchmoneyisinvolved?5.Thisbillonlyshowsthesumofmoneyisfigures.Canyouwriteoutthesameamountinwords?Wheredoyouwriteit.6.Inabillofexchange,theplacesofthesenderandthereceiverarefixed.Wherearetheyrespectively?1.Howlongisthisbillvalid?2.Accordingtothebill,whatisthemodeofpaymentused?9.Whatdothefollowingabbreviationsstandfor?USD________No.___________LC____________CO.___________B.FiguresandwordsChecks,billsandreceiptsoftencontainsumsofmoneyintwoform:figuresandwords.Spelloutthefollowingfigures.1.￡100.00__2.US$89.50__3.￥868,000.00__4.STG234.4s.3p__5.DM590.00__IV.Readthefollowinglettersregardingpaymentterms.Identifythewriter,thetermproposedandthereasongiven.ThenfilltheInformationForm.LetterNo.Buyer/SellerTermproposedReason1234561.ThankyouforS/CNo.336coveringourorderforyourcomputersvalued$988.00.Asthisdealisofavalueoflessthan$1,000.00,weshallbegladifyouagreetoshipthegoodstousasbeforeonCashAgainstDocumentsbasis.2.Weusedtodealwithyouonsightbasis.Now,wewouldliketoproposeadifferentwayofpayment,i.e.whenthegoodsorderedbyusarereadyforshipmentandthefreightspacebooked,you