33. An FOB sales contract agrees that the exporter can deposit the goods in the
warehouse if the ship arrives late and that this country is delivery. If the letter of credit
requires a bill of lading and makes no mention of a warehouse receipt,
A. the exporter will still be paid against a warehouse receipt
B. the bank simply cannot pay against a warehouse receipt
C. the buyer refuses to pay the exporter against a warehouse receipt
D. the buyer still has to pay the exporter against the warehouse receipt because his
designated vessel has arrived late at the port of loading
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