Chapter 24 Self-test Questions

Chapter 24 Self-test Questions

Documentary payments

Quiz Content

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. Which of the following statements are correct? Please select all that apply.

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. Which of the following statements iscorrect?

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. Which of the following statements is incorrect?

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. A holder in ___ ___ is the most secure status for any holder of a bill of exchange.

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. Which of the following statements are correct? Please select all that apply.

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. Which of the following statements are incorrect? Please select all that apply.

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. Where a buyer uses a letter of credit as a means of payment, the bank acting for him is known as the ___ bank.

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. Which of the following statements are correct? Please select all that apply.

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. The doctrine of ___ ___ means that the seller must tender documents which appear to be precisely in accordance with the specifications in the credit.

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. Which of the following statements is clearly a correct statement of English law? Please select all that apply.

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