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

45. What is a 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 1

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 by 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