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.