第十二章
In payment in advance method, the importer makes full payment to the supplier before the shipment of goods is done.
答案:对
Payment in advance usually takes place when the importer has not long been established.
答案:对
Open account payment takes place when the importer has a long credit history and is well known to the seller.The bank issues documentary credits to a customer according to his credit-worthiness.
答案:对
Collection can be divided into D/P and D/A.
答案:对
L/C is the most frequently used means of payment in international trade.
答案:对
In L/C transactions, the seller applies to the issuing bank to open a letter of credit.In L/C transactions, the issuing band debits the buyer’s account and releases the relevant documents so that the buyer can claim the goods from the carrier.
答案:对
The following are different types of remittance except_______.
 Mail transfer
Telegraph transfer
 Letter of CreditIn L/C transactions, _______ is responsible for paying money and tendering documents.
the seller
nobody
the buyer

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