案例分析 英语300字 求私信我 两段私信也行4.A Chinese bank issued standby L/Cs totaling millions of U.S.Dollars,in favor of a U.S company.These were irrevocable,transferable standby L/Cs valid for one year.When questioned by the superv
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案例分析 英语300字 求私信我 两段私信也行4.A Chinese bank issued standby L/Cs totaling millions of U.S.Dollars,in favor of a U.S company.These were irrevocable,transferable standby L/Cs valid for one year.When questioned by the superv
案例分析 英语300字 求私信我 两段私信也行
4.A Chinese bank issued standby L/Cs totaling millions of U.S.Dollars,in favor of a U.S company.These were irrevocable,transferable standby L/Cs valid for one year.When questioned by the supervising agency,the bank stated that these were merely evidence of absorbed foreign investment,“It had no obligation to repay principal and interest,and bears no responsibility,economic or legal,for the funds.” was there any risk for the bank?
答题切入点:1)备用信用证的特点;2)信用证使用中开证行的义务;3)案例中如果申请人不能履行义务,开证行的责任.
案例分析 英语300字 求私信我 两段私信也行4.A Chinese bank issued standby L/Cs totaling millions of U.S.Dollars,in favor of a U.S company.These were irrevocable,transferable standby L/Cs valid for one year.When questioned by the superv
International trades are risky,particularly for the sellers due to the distance between sellers and buyers,and different legal systems in different countries.Therefore,they have to be conducted using many legal terms and rules such the mentioned ‘FOB’,’L/C’ and so on agreements.These legal terms are designed for the protection of both parties.The 'Cost and Freight - CFR',which is a trade term requiring theseller to arrange for the carriage of goods by sea to a port of destination,and provide the buyer with the documents necessary to obtain the goods from the carrier.
The term ‘FOB’ is a trade term requiring the seller to deliver goods on board a vessel designated by the buyer.The seller fulfils its obligations to deliver when the goods have passed over the ship's rail.
When used in trade terms,the word "free" means the seller has an obligation to deliver goods to a named place for transfer to a carrier.
Contracts involving international transportation often contain abbreviated trade terms that describe matters such as the time and place of delivery and payment,when the risk of loss shifts from the seller to the buyer,as well as who pays the costs of freight and insurance.
It's important to realize that because this is a legal term,its exact definition is much more complicated and differs by country.It is suggested that you contact an international trade lawyer before using any trade term.
The reason why Company F demands that the B/L should be marked with “Freight Prepaid” is that they will have the proof that the goods were fully paid to avoid any payment confusion afterwards.Thus the ‘CFR’ will make life easier for Company G to receive the delivery in Busan with less legal problems and delay.
As for Company E,the ‘L/C’ term of ‘Freight Prepaid’ would be a great risk,because once they have signed the contract,when the payment for the goods was later not met for some reasons,there will be some problems to recover them,since the goods has already been marked ‘Freight prepaid’.Therefore they must think it through carefully before accepting such a term and a further negotiation is definitely needed.