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V. Write a letter in English asking for amendments to the following letter of credit by checking it with the given contract terms: (15%)
China Trading Corporation
Dear Sirs:
While we thank you for your L/C No.112235, we regret to say that we have found some discrepancies. You are therefore requested to make the following amendments:
1. The amount both in figures and in words should respectively read "GBP14,500" (Say Pounds Sterling Fourteen Thousand Five Hundred And Fifty Only);
2. "Form Copenhagen to China port" should read "form China port to Copenhagen";
3. The Bill of Lading should be marked "Freight Prepaid" instead "Freight Collect";
4. Delete the clause "Partial shipments and transshipment prohibited";
5. "This L/C is valid at our counter" should be amended to read "This L/C is valid at your counter";
Please confirm the amendments by fax as soon as possible.
Yours sincerely (Signed)
VI.Translate the following passages: (15%)
1. From English into Chinese (5%)
1.折扣是指卖方按照商品的原价给对方一定比率的价格减让。在市场竞争激烈的情况下,
此法是加强竞争的一种手段。折扣的名目比较繁多,有数量折扣、季节性折扣、额外折扣等。
具体折扣数额或比例的多少应根据情况而定。当双方确定了折扣比率后,可在买卖合同中明确地表示出来。
折扣部分的金额一般是在买方付款时从货款中扣除。
2. From Chinese into English: (10%)
1)International marketing is important because the world has become globalized.
International marking takes place all around us every day and has a major effect on our lives.
2)There is only a small proportion of service activity in international trade.
Because to some sxtent services are much less tradable than goods.
3)In executing a contract, both sides should abide by the stipulations in the contract.
If one part fails to fulfill all of the obligations, it will bring inconvenience or even loss to anther party.