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32. ( )L/C may be payable at all but one of die following locations:
A. Confirming Bank‘s counters
B. Nominated bank‘ s counters, or at the counters of any bank if the L/C is freely negotiable
C. Issuing Bank‘s counters
D. Reimbursing Bank‘s counters
33. ( )The beneficiary ABC Export Co. receives an amendment from the advising bank that states:
* IJC now extends to Jan. 31, 2005 instead of Jan. 1st, 2005
* Unit prices now reduces to USD1.50 instead of USD2.50.
ABC Export Co. presented stipulated documents to the nominated bank C within the presentation period of L/C on Jan. 25, 2005 and invoice showing unit price as USD2.50.
Which of the following statements is correct according to UCP500 if documents are otherwise in order?
A. Bank C should accept the documents since documents are presented within presentation period and validity of L/C according to the amendment
B. Bank C should reject the documents since the beneficiary only accepted part of the amendment to the L/C
C. Bank C should accept the documents since ABC Export Co. presented documents according to unit price stated in the original IMC and within the new expiry date
indicated in the amendment
D. Bank C should reject the documents since ABC Export Co. did not indicate in writing whether they had rejected or accepted the amendment
34.( )When goods are in transit by track from Xi‘ an to Pakistan border, which trade terms in INCOTERMS 2000is normally used?
A. CIP
B. CPT
C. DAF
D. DEQ
35. ( )Which of the following INCOTERMS requires the exporter to supply insurance ?
A. VAS
B. CFR
C. ClF
D. EXW
36. ( )A bank that informs the beneficiary of the IMC received at the request of the issuing bank is called:
A. Advising bank
B. Nominated bank
C. Reimbursing bank
D. Confirming bank