| A Red Clause Documentary Credit is a
Documentary Credit with a special condition incorporated into it that authorizes
the Confirming Bank or any other Nominated Bank to make advances to the
Beneficiary before presentation of the documents. The clause is incorporated at the specific request of the Applicant, and the wording is de- pendent upon his requirements. The Red Clause Documentary Credit is so called because the clause was originally written in red ink to draw attention to the unique nature of this Documentary Credit. The clause specifies the amount of the advance authorized, which, in some in- stances, may be for the full amount of the Documentary Credit. The Red Clause Documentary Credit is often used as a method of providing the seller with funds prior to shipment. Therefore, it is of value to middlemen and dealers in areas of commerce A. It puts the liability of repayment on the Applicant. B. It places the liability of final repayment on the Applicant. C. It has the responsibility of final repayment at the Applicant. D. It takes the responsibility of final repayment at the Applicant. [单项选择]Directions: Each of the following sentence completion questions contains one or two blanks. These blanks signify that a word or set of words has been left out. Below each sentence are five words or sets of words. For each blank, pick the word or set of words that best reflects the sentence’s over- all meaning.
Relatively few politicians willingly forsake center stage, although a touch of ______ on their parts now and again might well increase their popularity with the voting public. A. garrulity B. misanthropy C. self-effacement D. self-dramatization E. (E) self-doubt [填空题]The first sentence of the sixth paragraph indicates that it is necessary to ______.
[单项选择]The last sentence of the first paragraph most probably implies that it is ______.
A. customary of the educated to discard ambition in words B. too late to cheek ambition once it has been let out C. dishonest to deny ambition after the fulfillment of the goal D. impractical for the educated to enjoy benefits from ambition [简答题]Usually, there is a penalty clause in the contract to protect the buyer against loss from delay.
[简答题]仓至仓条款(W/W Clause)
我来回答: 提交
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