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3.(   )According to UCPS00, which of the following words used in connection with the amount of the Credit or the quantity or the unit price stated in the Credit are NOT construed as allowing a difference not to exceed  10% more or less in the amount or the quantity or the unit price to which they refer?

A. circa

B. approximately

C. circs

D. about

4. (   )According to INCOTERMS 2000, the trade terms __ means that the seller delivers the goods, cleared for export, to the carrier nominated by the buyer at the named place.

A. FCA

B. EXW

C. CFR

D. DAF

5.(  )According to INCOTERMS 21300, when the seller only makes the goods available to the buyer at the seller‘s premises, the corresponding trade term is

A. DDU

B. EXW

C. FOB

D. DDP

6.(   )UCP500 categorizes L/Cs into four types. Which type of IZC does not fall into that categorization?

A. sight payment L/C

B. acceptance L/C

C. negotiation L/C

D. confirmation L/C

7.(   )According to UCP500, which of the following documents must be issued/drawn by the beneficiary unless otherwise stipulated by the Credit?

A. draft

B. packing list

C. inspection certificate

D. fax

8.( )When the credit calls for a draft drawn on the applicant, according to UCP500, how will banks treat such draft?

A. Banks may disregard such requirement.

B. Banks may accept a draft drawn on the issuing bank in lieu of one drawn on the applicant.

C. Banks will consider the draft as an "additional document.

D. Banks will t~" to persuade the applicant to amend the Credit to delete sueh requirement.

9.( )A bank that adds its undertaking to a Credit at the request of the issuing bank is called the:

A. advising bank

B. nominated bank

C. reimbursing bank

D. confirming bank

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