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11.( )According to UCP500, the correct statements are:
A. If L/C does not indicate whether it is revocable or irrevocable, then the L/C is revocable
B. ff L/C does not indicate whether it is revocable or irrevocable, then the L/C is irrevocable
C. If L/C does not indicate whether it is transferable or not, then the L/C is transferable
D. If L/C does not indicate whether it is transferable or not, then the L/C is transferable
12. ( )According to UCPS00, in L/C operations all parties concerned with the following except:
A. goods
B. services
C. performances the documents relate
D. documents
13. ( )According to UCP500, banks assume no liability or responsibility for the consequences arising out of:
A. the interruption of banks' business by Acts of Cod, riots, civil commotions, insurrections,wars or any other causes beyond their control, or by any strikes or lockouts.
B. the form, sufficiency, accuracy, genuineness, falsification or legal effect of any document(s),or the description, quantity, quality of the goods represented by any document(s)。
C. the failure to notify discrepancies within 7 banking days following the day of receipt of the documents
D. the delay and/or loss in transit of message(s), letter(s) or document(s), or other error(s)arising in the transmission of any telecommunication.
14. ( )The beneficiary has a responsibility to examine carefully the L/C received to ensure that
A. the beneficiary can obtain all the documents stipulated in the L/C
B. all the terms and conditions of the L/C can be complied with
C. the L/C is negotiable
D. the L/C has been opened in accordance with the sales or other agreement
15. ( )When filling in the Irrevocable L/C Application Form, the applicant should make sure that
A. all the contents of the sales contract must be included in the Irrevocable L/C Application Form
B. all instructions must be complete and precise
C. excessive details are not included
D. all instructions must state precisely the documents against which payment, acceptance or negotiation is to be made
16. ( )Unless authorized in the L/C, the beneficiary should ensure that B/L
A. is not a "charter party" B/L
B. is not a forwarder's B/L
C. is not a third party shipper B/L
D. is not a dirty B/L