_____ only assures payment to the beneficiary provided the terms and conditions of the credit are fulfilled. It does not guarantee that the goods purchased will be those invoiced or shipped.
A、The letter of credit
B、The clean draft
C、The shipping documents
D、The documents against payment
【正确答案】:A
【题目解析】:The letter of credit provides security to both the exporter and the importer. However, it only assures payment to the beneficiary provided the terms and conditions of the credit are fulfilled. It does not guarantee that the goods purchased will be those invoiced or shipped.参见教材P153。
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