CÂU 50. WHAT DOES PROMPT PAYMENT OF LETTET OF CREDIT DEPEND ON

15. What is transferable credit?

A. It is the kind of credit which allows the exporter to transfer his right as the

credit’s beneficiary to any third party

B. It is the kind of credit which allows the first beneficiary to request the

confirming bank to pay a third party

C. It is the kind of negotiable document with which the exporter can endorse for

any third party

D. It is the kind of credit with which the buyer will not necessarily know who is

the actual supplier of the goods