After shipment we shall draw on you（)the expenses we have paid as per your instrument

A.A. arrange

B.B. receive

C.C. accept

D.D. acknowledge

t we might effect shipment for the above mentioned order, but after the lapse of 3 months, we have not yet received the covering L/C.

A、You ordered the goods at FOB Huangpu price

B、So we think your claim should be referred to the insurance company, as the loss occurred after shipment

C、As a matter of fact, we are greatly surprised at your claims

D、It is a problem for which the shipping company should be responsible

A.①④③⑤②

B.④③②⑤①

C.①③⑤④②

D.②①④③⑤

in handbags style No． MA 190 at ＄124． 00 per dozen CIF Hamburg． Shipment will be effected within 25 days after receipt of the relevant L/C ______ by your first class bank in our favour upon signing sales contract.

A．requesting, issuing B．requesting, issued

C．requested, issued D．requested, issuing

A.①④③⑤②

B.④③②⑤①

C.①③⑤④②

D.②①④③⑤

he name of s．s．and the shipment date after reading the following letter．

Dear Sirs,

Re: Our Order No．1001 for 2000 Washing Machines

We wish to refer you to our order No．1001 for 2000 Washing Machines Little Swan Brand, automatic Washing Machines, from which you will see that this order is placed on CFR basis.

As we now desire to have the shipment insured at your end．We shall be pleased if you will arrange to insure the goods on our behalf against All Risks at invoice value 1000000 plus 10% i.e．RMB 1100000.

We shall of course to refund you the premium upon receipt of your debit note or, if you like, you may draw on us at sight for the amount required.

We sincerely hope that our request will meet with your approval.

Yours faithfully,

y irrevocable sight L/C. The expotter chartered a ship. After shipment, the exporter presented full set of documents in conformity with the L/C. After checking the documents, the opening bank paid the purchase price and informed the Chinese company that the documents had arrived. The Chinese company made payment and got the documents, but there was no news about the goods. Later, the Chinese company was told that the camer was a small shipping company, and it went bankrupt soon after its departure. The goods and the ship were missing. The Chinese company suffered heavy losses.

Question: What do we learn from the case？

void, turn out, make out Dear Sirs,

We thank you for your telegram duplicating your order of October 12 for 500 doz．Rubber Shoes.

Although the prevailing quotations are(1)higher, we win accept the order on the same terms as before(2)encouraging business.

As(3)in your previous letter, we have made(4)our Sales Confirmation No．300(5)duplicate and shall thank you to send back one copy duly countersigned.

We are glad to know that a letter of credit will be established in our favour immediately．However we would like to(6)the fact(7)the stipulations in the relative credit should strictly(8)the terms in our sales confirmation in order to(9)subsequent cable amendments.

We appreciate your cooperation and trust that the shipment which is to be dispatched after receipt of the relative letter of credit, will(10)to your entire satisfaction.

Yours faithfully,

Asking Seller to Cover Insurance for 150% of the Invoice Value

Dear Sirs,

We are pleased to advise you that concerning your S/C No．819 for 500 sets color TV, we have issued confirmed, irrevocable L/C No．919 for US ＄50 000, through the Bank of China, London, valid to October 20.

Please see to it that the goods are shipped before 20th October and the insurance is to be covered for 150% of the invoice value against All Risks．We know that according to your usual practice, you insure the goods only for the 110% of the invoice value, therefore, the additional premium will be for our account.

Please arrange the insurance accordingly and inform us your shipment date after closing the insurance.

Yours faithfully,