Exercises练习

Exercises练习

I.True or False

1.Under an L/C,all the documents must comply with the credit.( )

2.The documents must be consistent with each other.( )

3.The date of invoice should be prior to that of any other document.( )

4.The date of the packing list is normally the same with that of the invoice.( )

5.The date of packing list is normally no prior to that of the B/L.( )

6.The on-board date should be no earlier than the latest date of shipment specified in the L/C.( )

7.The date of the insurance policy should be later than that of the B/L.( )

8.The date of the insurance policy could be prior to that of the invoice.( )

9.The date of the certificate of origin should be prior to that of the invoice.( )

10.The date of the inspection certificate should be no later than that of the B/L.( )

11.The date of the inspection certificate could be half a year prior to that of the B/L.( )

12.The date of the beneficiary certification should be no earlier than that of the B/L.( )

13.The date of the bill of exchange should be earlier than that of the B/L,invoice and other documents.( )

14.The date of the bill of exchange should be later than the expiry date of the L/C.( )

15.The bill of exchange is the latest of all documents.( )

II.Multiple Choice Questions

1.Which of the following documents can be used as a quotation?( )

[A]The commercial invoice.

[B]The proforma invoice.

[C]The customs invoice.

[D]The consular invoice.

2.Which of the following documents is always in a standard format for the importing country that requires it?( )

[A]The commercial invoice.

[B]The proforma invoice.

[C]The customs invoice.

[D]The consular invoice.

3.Which of the following term of the contract or L/C is unacceptable to the exporter?( )

[A]A contract term that requires a deadline for the importer to open the L/C.

[B]A contract term that allows a quantity tolerance.

[C]A credit term that requires an inspection certificate signed by the importer.

[D]A credit term that requires a shipping advice.

4.Which of the following statement is INCORRECT about a proforma invoice?( )

[A]It can be used as an offer to the importer.

[B]It has to fix a validity period when used as an offer.

[C]It must be confirmed by both the exporter and importer before used as an offer.

[D]It can be used the same way as a commercial invoice.

5.Which of the following term for a letter of credit is unacceptable to the exporter?( )

[A]The credit requires the B/L be “MADE OUT TO APPLICANT”.

[B]The credit requires the B/L be “MADE OUT TO ORDER”.

[C]The credit requires the B/L be “MADE OUT TO ISSUING BANK”.

[D]The credit requires the inspection certificate be signed by the importer.

III.Documentation

Fill in the application forms for applying for inspection,cargo transport,cargo transportation insurance and customs clearance.