Our terms of payment are by a confirmed irrevocable letter of credit payable by draft at sight______.

A.against

B.for

C.in

A.A. by,for

B.B. by,to

C.C. for,to

D.D. for,with

_____ the terms of payment as stipulated in the contract ，please establish an

irrevocable letter of credit in our favor.

A. In fact

B. As a matter of fact

C. In contrast with

D. In accordance with

A.A.

B.B.confirmed

C.C.combined

D.D.committed

E.E.completed

A.According to the payment terms in our contract, the sum of USD23,000 should have been made in 10 February2013.

B.According to the payment terms in your contract, the sum of USD23,000 should have been made on 10 February2013.

C.According to the payment terms in your contract, the sum of USD23,000 should have been made at 10 February2013.

D.According to the payment terms in our contract, the sum of USD23,000 should have been made by 10 February2013.

A、irrevocable/time/before

B、acknowledgeable/bank/prior to

C、irrevocable/favor/ahead of

D、revocable/notification/in advance

A: Very well, we have settled everything about this transaction, except the terms of payment.

B: As you know, we prefer the L/C 20 days in advance which expires 15 days after receiving the paking list.

A: I suppose you have known our financial standing and credit well now after our long-term cooperation．We know an irrevocable L/C can ensure that the seller gets payment duly．But, on the other hand, it would increase the buying cost．Therefore, could you consider giving us D/P this time？

B: I am sorry．But our rules only allow us to accept other terms of payment by L/C, although the buyer has had two or three transactions with us before.

A: But why not if you have known the buyer's credit after several deals？

B: We hope you can understand．We have got some serious lessons from the credulity．One of them was through D/P documentary collection．When the shipment worth US ＄50000 was effected, the buyer refused to make the payment．But we can do nothing with it．And that buyer had had one or two deals before this one.

A: I see．But the flexible terms of payment will definitely bring you more orders as well as facilitate the buyers' purchasing.

B: Sure．We don't mean we won't accept other terms of payment forever．As a matter of fact, we will do so when we have known well about the buyer's credit after a real long-term cooperation.