單項選擇題Bank of China informs the beneficiary, a Chinese import and export company that a foreign bank has opened a letter of credit in his favor. The bank does not add its engagement by informing the beneficiary. The Bank of China ia acting as ().

A.The issusing bank   
B.The advising bank
C.The confirming bank   
D.The negotiating bank


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1.單項選擇題If the seller finds any discrepancies in the letter of credit, whom does he write to asking for an amendment?().

A.The issusing bank   
B.The advising bank
C.The applicant   
D.The negotiating bank

2.單項選擇題The basic functions of a bill of lading is (are)().

A.a(chǎn) receipt for the goods which evidences the taking-over or loading by the carrier
B.a(chǎn)n evidence of contract of carriage between the carrier and the shipper.
C.a(chǎn) document of title to goods.
D.All of the above.

3.單項選擇題A bank opens an L/C at the request of the importer. It is a (an)().

A.issuing bank.  
B.a(chǎn)pplicant
C.seller  
D.informing bank

4.單項選擇題Financial documents include the following except ().

A.promissory notes  
B.bills of lading
C.checks   
D.draft

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