| A Red Clause Documentary Credit is a
Documentary Credit with a special condition incorporated into it that authorizes
the Confirming Bank or any other Nominated Bank to make advances to the
Beneficiary before presentation of the documents. The clause is incorporated at the specific request of the Applicant, and the wording is de- pendent upon his requirements. The Red Clause Documentary Credit is so called because the clause was originally written in red ink to draw attention to the unique nature of this Documentary Credit. The clause specifies the amount of the advance authorized, which, in some in- stances, may be for the full amount of the Documentary Credit. The Red Clause Documentary Credit is often used as a method of providing the seller with funds prior to shipment. Therefore, it is of value to middlemen and dealers in areas of commerce A. It is a kind of Documentary Credit with a special condition incorporated into it that authorizes the Confirming Bank to make loans to the sellers prior to shipment. B. It is a Documentary Credit without recourse as a "Confirming Bank" to the Issuing Bank, which clearly did not request or authorizes the bank to "add its confirmation". C. It is a Documentary Credit with a special condition incorporate into it that authorizes the Confirming Bank or any other Nominated Bank to provide the Beneficiary with funds before presentation of the documents. D. It is a Documentary Credit that may provide for automatic reinstatement immediately upon presentation of the specified documents. [单项选择]The subordinate clause in a complex sentence is normally called ______
clause.
A. an embedded B. a main C. a matrix D. a major [多项选择]Institute Cargo Clause B covers loss of or damage to cargo caused by( ).
A. fire or explosion B. volcanic eruption C. collision of vessel D. lightning [简答题]Usually, there is a penalty clause in the contract to protect the buyer against loss from delay.
[简答题]仓至仓条款(W/W Clause)
[简答题]To…
Subject:
[单项选择]What does the clause "The top attracts top," possibly mean in Line 2 in the last paragraph
A. Beautiful things always can give each other nice impression. B. The executives in top ranks have great influence on the able persons or talents. C. Only the famous firms can employ the students in the prestigious universities. D. The executives can see eye to eye with the president of the famous school. [填空题]
What’s the subject [单项选择]A ______ in the embedded clause refers to the introductory word that
introduces the embedded clause.
A. coordinator B. particle C. preposition D. subordinator [单项选择]
The typical conversation between Americans takes a form that is quick and witty. No one speaks for very long. Speakers take turns frequently, often after only a few sentences have been spoken. "Watching a conversation between two Americans is like watching a table tennis game," a German observer said. "Your head goes back and forth and back and forth so fast it makes your neck hurt." 我来回答: 提交
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