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understand LC

Total questions: 10

Worksheet time: 6mins

Name
Class
Date
1.

What's the role of ASIA ENTERPRISES SDN BHD ? (more than one correct answer)

a)

Applicant

b)

Buyer

c)

Importer

d)

Beneficiary

2.

What's the role of ALLIANCE BANK MALAYSIA BERHAD ? (more than one correct answer)

a)

Issuing bank

b)

Drawing bank

c)

Negotiating bank

d)

Advising bank

3.

The "Negotiation" behavior is between who and which bank?(2 answers)

a)

Beneficiary

b)

Issuing bank

c)

Negotiating bank

d)

Applicant

4.

What date is the day, all the things have to be down on or before that day?

a)

Date of issue

b)

Period for presentation

c)

Latest date of shipment

d)

Date of expiry

5.

How much is the L/C amount?

(a)  

6.

Port of Loading means...

a)

起運港

b)

目的港

7.

What's the names of goods ?

a)

CHILDRENS

b)

CHILDREN'S TRICYCLE

c)

BT-12

BT-15

d)

TRICYCLE

8.

According to this L/C, the trade terms (Incoterms) is

a)

FOB ANY PORT IN TAIWAN

b)

FOB KEELUNG INCOTERMS 2020

c)

CIF ANY PORT IN TAIWAN INCOTERMS 2020

d)

FOB PORT KLANG INCOTERMS 2020

9.

According to this L/C, which documents have to be present? (more than one correct answer)

a)

商業發票

b)

包裝單

c)

提單

d)

檢驗證明書

10.

How many invoices are required?

a)

2

b)

3

c)

4

d)

5