This clean credit will be automatically extended for a further year, without written amendment, on t

A.confirmed

B.documentary

C.clean

D.usance

A clean credit is one which ______.

A．calls for no presentation of it

B．is used instead of first demand guarantee

C．is used without presentation of any documents

D．is the same as an unconditional first demand guarantee

1.Please fill the following particulars in a credit form to issue a Freely Negotiable Credit.

Issuing Bank: (1) Tokai Bank

Place and date of issue: (2) Tokyo, 4 March, 200×

Beneficiary: (3) EXP Co., Tianjin

Advising Bank: (4) ADV Bank, Tianjin

Applicant: (5) IMP Co., Tokyo

Credit No. (6) 13579

Amount: (7) USD36,500.00

Valid date: (8) 27 June, 200×

Valid place: (9) China

Payment method: (10) negotiation

Negotiating Bank: (11) any bank in China

Shipment date: (12) 12 June, 200×

Undertaking clause

(13)We hereby engage with drawers and/or bona fide holders that draft (s) drawn and negotiated in conformity with the terms and conditions of the credit will he duly honoured on presentation.

Bank-to-Bank instructions:

(14)The negotiating bank is authorised to claim reimbursement on the Tokai Bank, New York by telex. All draft (s) and documents must be sent to us by airmail.

2.Credit form

Freely Negotiable Credit

Name of Issuing Bank Place and date of issue

①②To: ③Advised through④

Dear Sirs,

At the request and on the instructions of⑤we hereby issue an Irrevocable Documentary Credit No.⑥for⑦(say⑦) to expire on or before⑧in⑨available by⑩withagainst

(×) Beneficiary's draft (s) atsight drawn on us and

(×) the documents detailed herein marked with "×".

(×) Commercial invoice in triplicate.

(×) Full set 2/2 original clean on board marine bills of lading made out to order and blank endorsed marked freight prepaid notifying applicant.

(×) Packing list in triplicate.

(×) Insurance policy or certificate covering all risks and war risks for 110% of the invoice value.

Evidencing shipment of(description of goods)

from Chinese port to Nagoya not later than

Partial shipments allowed.

Transhipment not allowed.

Documents to be presented within 15 days after the date of the transport document (s) but within the validity of the credit.

_________________________________________

_________________________________________________________________________________

Instructions to the advising bank:

Please advise the credit to the beneficiary without adding your confirmation.

Bank-to-Bank instructions:

_________________________________________

_________________________________________________________________________________

Reimbursements under this credit are subject to URR 725.

This Credit is subject to UCP 600.

Yours faithfully

①signature

Please fill the following particulars in a credit form to issue a Red Clause credit.

(1)issuing date: 6 June, 200×

(2)Credit No. 256734

(3)Credit amount: AUD64,000.00 (say Australian dollars...)

(4)expiry date: 31 July, 200×

(5)available with the advising bank by negotiation

(6)shipment date: 16 July, 200×

(7)special condition

"The Issuing Bank authorises the Negotiating Bank to pay 60% of the amount of the Credit in advance to the beneficiary against the following presentations:

Ⅰ. a receipt for the advance duly signed by the beneficiary;

Ⅱ. an undertaking from the beneficiary to utilize the funds to purchase and pack the goods;

Ⅲ. the undertaking of the beneficiary to present full set of documents as stipulated in the Credit to the Negotiating bank within the expiry of the credit.

After the advance payment has been made to the beneficiary, the Negotiating Bank may claim reimbursement to be supported by the receipt and undertaking on the Issuing Bank which will reimburse the negotiating bank immediately.

Upon negotiation of documents presented by the beneficiary, the advance payment for 60% of the credit amount will be deducted from the whole negotiating amount for beneficiary's refundment. The remaining approximate 40o-/o of the invoice value will be claimed by the Negotiating bank on the Issuing Bank for its reimbursement. "

Red Clause Credit

Name of Issuing Bank Place and date of issue

Bank of Australia, London, (1) ____________

Name of Beneficiary Advised through

To: Marlin Wool Company, Melbourne Bank of Australia, Melbourne

Dear Sirs,

At the request and on the instructions of (name and address of the applicant), we hereby issue an Irrevocable Documentary Credit No. (2) ______ for (3) ______ (say ____________) to expire on or before (4) ______ at Melbourne (5) __________________ of your draft for 40% of the invoice value drawn at sight on us against the presentation of the documents detailed herein:

① Commercial invoice in triplicate.

② Full set clean on board ocean bills of lading made out to order endorsed in blank marked "freight prepaid".

③ Packing list in triplicate.

Evidencing shipment from London to Melbourne not later than (6) ______.

Partial shipments not allowed. Transhipment allowed.

(7)Special condition

____________________________________________________________

____________________________________________________________

Instructions to the Negotiating Bank

All shipping documents in compliance with the terms and conditions of the credit shall be forwarded by you immediately to us for beneficiary's refundment of 60% advance payment and claiming your reimbursement of 40% invoice value.

We engage with drawers and bona-fide holders of draft (s) drawn under and negotiated in compliance with the terms and conditions of the credit that such draft (s) shall be duly honoured upon due presentation.

This Credit is subject to UCP 600.

Yours faithfully

Bank of Australia,

London

dignature(s)

Questions are based on the following passage．

Olivia Pedersen thought the Nissan Leaf parked outside her favorite lunch spot near Emory University， must be hers．But she could not open the door．Nor could she open the door of the identical Leaf behind it．Cautiously， she tried the third Leaf in line and happily drove away．More than 14，000 electric vehicles are now registered in Georgia; California is the only state with more．But the juicy state incentives for buying them are coming under attack．

Residents can claim an income-tax credit for 20% of the cost of leasing or purchasing an electric vehicle， up to $ 5，000．Combined with a possible federal tax incentive worth $ 7，500， smart Georgians are driving all the way to the bank in nearly-free electric cars．Nissan sells more of its Leaf models in Atlanta than in any other city， according to Don Francis from Clean Cities——Georgia， which promotes the use of cars like these．

Such trends motivated Chuck Martin， a representative in Georgia"s House， to sponsor a bill to end state incentives for electric vehicles．He argues that the income-tax credit costs too much——about$13．6m in 2013——and that only urban types benefit from these sorts of cars．Mr．Martin"s bill was voted down in committee in February， but seems to be still breathing．Another House bill， mostly to finance transport projects， would reduce the credits; it is now before the Senate．

Fans of electric vehicles say Georgia now leads the country in clean transport．Local power companies have helped by offering off-peak prices of 1．3 cents per kilowatt hour for charging the cars at night．And the sales tax collected on this power stays in the state， whereas cash spent on petrol largely goes elsewhere， says Jeff Cohen， founder of the Atlanta Electric Vehicle Development Coalition．

Cutting the credits altogether might also harm Georgia in other ways．A study by Keybridge Public Policy Economics， says the state could lose $ 252m by 2030 if they disappear and people buy gas- guzzlers （耗油量大的汽车） instead．That is because drivers will spend $ 714m on petrol to get around（in contrast with the $ 261m they would have paid in electricity bills）， and will no longer waste their savings from the federal electric-vehicle tax credit in Georgia"s shops．But the state"s incentives may be safe in the legislature after all; the president of the Senate drives an electric car himself．

What can be inferred from the case of Olivia Pedersen？ 查看材料

A.Traffic jam is common near Emory University．

B.The Georgian may prefer Nissan Leaf most．

C.Olivia"s favorite lunch spot is pretty popular．

D.There are many electric vehicles in Georgia．

1.Irrevocable Transferable Credit-Original

Name of Issuing Bank Place and date of issue

Overseas Union Bank Ltd., Singapore, 10 Sep., 200×

Name of Beneficiary Advised through

To: Alison Company Ltd., China State Bank Ltd.,

120 Winston Street, Hong Kong

Hong Kong

Dear Sirs,

At the request and on the instructions of Lance Company, Singapore, we hereby issue an Irrevocable Transferable Credit No. 36589 for HKD 84,000.00 (say Hong Kong dollars eighty four thousand only) to expire on or before 30 Oct., 200× at Hong Kong available with China State Bank Ltd., Hong Kong being Transferring Bank by negotiation against beneficiary's draft (s) drawn at sight on the Issuing Bank accompanied by the following documents:

(1)Signed Commercial Invoice in quadruplicate.

(2)Full set of clean on board ocean bills of lading made out to order blank endorsed marked "Freight Prepaid".

(3)Insurance policy endorsed in blank for invoice value plus 10% covering all risks and war risks.

(4)Packing List in quadruplicate.

All documents excluding invoice must be made in neutral name.

Evidencing shipment of 100 pieces of Lady Overcoats as per design No. A-3508 at HKD840.00 CIF Singapore per each piece.

Shipment from your port for transportation to Singapore not later than 15 Oct., 200×.

Partial shipments not allowed.

Transhipment allowed.

Documents to be presented within 15 days after the date of shipment, but within the validity of the credit.

We hereby agree with the drawers and bona fide holders of drafts drawn under and in compliance with the terms and conditions of the credit that such drafts will be duly honoured on due presentation if negotiated or presented at this office on or before the expiry date.

This Credit is subject to UCP 600.

Yours faithfully

Overseas Union Bank Ltd., Singapore

signature (s)

2.A "Request to Transfer" shows as follows:

To: Transferring Bank

(1) China State Bank Ltd., Hong Kong

Dear Sirs,

We request you to transfer an Irrevocable Transferable Credit No. 36589 issued by Overseas Union Bank Ltd., Singapore to the second beneficiary-

(2) South China Company, 15 Zhujiang Road, Shenzhen. Please insert the following changeable new terms instead of the old terms:

(3) Applicant: Alison Company Ltd., 120 Winston Street, Hong Kong- original first beneficiary.

(4) Credit amount: HKD67,200.00.

(5) Expiry date: 20 Oct. 200×.

(6) Insurance amount for invoice value plus 37.5% (92,400/67,200=1.375).

(7) Evidencing shipment of 100 pieces of Lady Overcoats as per design No. A-3508 at HKD672.00 CIF Singapore per each piece.

(8) Shipment date: 10 Oct., 200×.

(9) Documents to be presented within 10 days after date of shipment.

In respect of the amendments arisen hereafter to the credit, we wish to inform you that the first beneficiary retains the right to refuse to allow the transferring bank to advise amendments made under the original credit to the transferee (second beneficiary). Therefore the transferring bank must obtain approval of the first beneficiary before advising amendments to the transferee.

Yours faithfully

Alison Company Ltd., Hong Kong

signature

The Transferring Bank, China State Bank Ltd., Hong Kong adds some supplementary conditions as follows:

(10) Issuing date: 20 Sep., 200×.

(11) Advising bank: China Merchants Bank, Shenzhen.

(12) Special instructions:

All documents must be made first presentation to us (Transferring Bank) for negotiation. Payment/honour of drafts with be effected by us when documents are received in full compliance with the credit terms and cover has been received under the original Transferable Credit, we shall then credit proceeds to your account as per your covering schedule.

3.Please fill the blanks to issue a Transferred Credit.

Irrevocable Transferable Credit - Transferred Credit

Name of Transferring Bank Place and date of transfer

(1)(10)

Name of Beneficiary Advised through

To:(2)(11)

Dear Sirs,

We hereby inform you that an Irrevocable Transferable Credit No. 36589 issued by Overseas Union Bank Ltd., Singapore has been transferred to you as follows:

At the request and on the instructions of (3) ________________________ we hereby transfer the above-mentioned credit to you for (4) ____________ ______(say )to expire on or before

(5) ______ at Hong Kong available with China State Bank Ltd., Hong Kong being transferring bank by negotiation against beneficiary's draft (s) drawn at sight on the issuing bank accompanied by the following documents:

(1) Signed Commercial Invoice in quadruplicate.

(2) Full set of clean on board ocean bills of lading made out to order blank endorsed marked "Freight Prepaid".

(3) Insurance policy endorsed in blank for invoice value plus (6) ______.

(4) Packing List in quadruplicate.

All documents excluding invoice must be made in neutral name. Evidencing shipment of (7) ________________________________________________.

Shipment from your port for transportation to Singapore not later than (8) __________________

Partial shipments not allowed.

Transhipment allowed.

Documents to be presented (9) ______ after the date of shipment, but within the validity of the credit.

We hereby agree with the drawers and bona fide holder of drafts drawn under and in compliance with the terms and conditions of the credit that such drafts will be duly honoured on due presentation if negotiated or presented at this office on or before the expiry date.

Special Instructions (12)

__________________________________________________________________

__________________________________________________________________

This Credit is subject to UCP 600.

Yours faithfully

China State Bank Ltd.,

Hong Kong

signature (s)