B. Flight date: June 15, 2006
C. Actual date of dispatch: june 17, 2006 made by a stamp D. A or B
12. Select the statements that correctly express the meaning of the UCP
A. An L/C is independent of relative contract even if it is expressly referred to by the L/C
B. If the L/C opening application bears any ambiguity in its instruction, the issuing bank should bear the risk to issue or amend the L/C
C. If the applicant has accepted the discrepancies, the issuing bank can still refuse the documents
D. Once a beneficiary accepts an L/C he must execute it.
13. Under an L/C indicating the goods description as “frozen beef” and reqiring invoice, B/L, packing list, certificate of origin, please determine the documents which are acceptable.
A. Invoice indicating rhe goods description as “beef” B. B/L indicating the goods description as “beef”
C. B/L indicating the goods description as “goods shipped as per invoice presented”
D. Certificate of origin indicating the goods description as “goods shipped as per invoice presented”
14. A credit available with () is also available with ()
A. a nominated bank, the issuing bank B. the issuing bank, a nominated bank C. advising bank, transferring bank D. confirming bank, the issuing bank
15. how would the issuing bank exercise control over the goods by air?
A. insist upon holding the consignor’s copy of the air waybill B. insist upon holding original air waybill for the consignee C. insist upon being named as consignee of the goods on the air waybill
D. insist upon full set of air waybills to be presented
16. A documentary credit calls for presentation of an insurance certificate. Which of the following insurance documents would be acceptable for CIF shipment where the invoice value is USD75,000?
A. insurance certificate for USD82,500
B. insurance policy for USD85,000 C. insurance declaration for USD75,000 D. insurance certificate for USD75,000
17. the letter of credit requires “three copies of inspection certificate issued by CCIC”. The documents presented as follows. Which is acceptable?
A. in 3 originals B. in 3 copies
C. in 1 original and 2 copies D. in 2 originals and 1 copy
18. an issuing bank has issued a sight documentary credit to a beneficiary authorizing a nominated bank to pay the beneficiary for all documentary presented in accordance with the documentary credit terms and conditions. Upon receipt of complying documents drawn under the documentary credit directly from the beneficiary, the issuing bank should:
A. examine the documents and pay the beneficiary B. verify the documents and pay the nominated bank C. return the documents to the beneficiary for presentation to the nominated bank
D. remit the documents to the nominated bank for examination
19. under which of the following situation, the on board notation on B/L should also indicate the actual port of loading?
A. when B/L contains the indicating “intended vessel” or similar qualification in relation to the vessel
B. when B/L indicates the port of loading of the credit in the column “place of receipt” rather than in the column of “port of loading”
C. when B/L contains the indicating “intended port of loading” or similar qualification in relating to the port of loading
D. when B/L indicates that “goods have been received in appearance good condition”
20. which of the following statements about transferable L/C is correct?
A. in case of freely negotiable L/C, the issuing bank should specifically nominate in the credit a bank as the transferring bank
B. the transferable L/C could be transferred more than once
C. the transferable L/C could be transferred to more than one second beneficiary if partial shipment/drawing is not prohibited
D. refusal of an amendment by one second beneficiary will invalidate the acceptance(s) by the other second beneficiary (ies).
Part Three 是非判断
1. would charter party B/L be acceptable when the L/C calls for an ocean B/L
2. an L/C calls for CFR shipment. The B/L is marked “freight paid” and “free out”, would this be acceptable?
3. an L/C calls for FOB shipment and B/L marked “freight collect”, the B/L is marked “freight collect” and “free in”, would this be acceptable?
4. an L/C calls for an ocean B/L and delivery on FOB terms. Would a B/L be acceptable if marked “freight payable as per charter party”?
5. an L/C calls for an AWB showing “actual flight date”. When received, the AWB shows this information but in a box marked “for carrier’s information only”. Would this be acceptable? 6. under “documents required” and L/C lists both “certificate of