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更多“credit available by negotiatio…”相关的问题
Which of the following statement is most appropriate as per UCP 600？
(1)( ) A credit must not be issued available by draft drawn on the applicant.
(2)( ) A credit may not be issued available by draft drawn on the applicant.
(3)( ) A credit may be issued available by draft drawn on the applicant.
(4)( ) A credit should be issued available by draft drawn on the applicant.
(1)( ) It continues to be available for that instalment only.
(2)( ) It continues to be available for that and other instalments.
(3)( ) It ceases to be available for that instalment only.
(4)( ) It ceases to be available for that and other instalments.
What is the definition of " honour" ？
"Honour" means that the issuing bank undertakes:
a. to ______ at sight if the credit is available by sight payment.
b. to ______ a deferred payment undertaking and ______ at maturity if the credit is available by deferred payment.
c. to ______ a bill of exchange ("draft" ) drawn by the beneficiary and ______ at maturity if the credit is available by acceptance.
A.effectively
B.expiry
C.available
D.validity
