根据合同审核信用证练习题

根据合同审核信用证1销售合同SALESCONTRACTSeller:GUANGZHOULIGHTELECTRICALAPPLIANCESCO.,LTDContractNo.:06SG468001Date:APR.22,2009Address:Signedat:GUANGZHOU,CHINA52,DEZHENGROADSOUTH,GUANGZHOU,CHINA.Telex:0853Fax:86—20—83556688Buyers:A.B.C.CORP.Address:AKEDSANTERINKAUTOP.O.BOX.9,FINLANDFax:ThisSalesContractismadebyandbetweenthesellersandbuyers,wherebythebuyersagreetobuyandsellerstoselltheunder-mentionedGoodsaccordingtothetermsandconditionsstipulatedbelow:(1)Nameofcommodityandspecifications:HALOGENFITTINEW5009(2)Quantity:600PCSPC(3)Unit:PC(4)UnitPrice:CIFHELSINKIUSD3.80/PC(5)Amount:USD36480.0010%moreorLessbothinamountandQuantityallowedTotalAmountUSD36480.00(6)packing:CARTON(7)DeliveryFromGUANGZHOUtoHELSINKI(8)ShippingMarks:N/M(9)TimeofShipment:With30daysafterreceiptofL/C.AllowingTransshipmentandpartialshipment.(10)TermsofPayment:By100%ConfirmedIrrevocableLetterofCreditinfavoroftheSellerstobesightdrafttobeopenedandtoreachChinabeforeMAY1,2009andtoremainvalidfornegotiationinChinauntilthe15thdaysaftertheforesaidTimeofShipment.L/CmustmentionthiscontractnumberL/CadvisedbyBANKOFCHINAGUANGZHOUBRANCH.TLX:444U4kGZBC.CN.ALLbankingchargesoutsideChina(themainlandofchina)areaccountoftheDrawee.(11)Insurance:tobeeffectedbytheSellersforoffullinvoicevalueCoveringF.P.AuptoHELSINKI.(12)Arbitration:ALLdisputesarisingfromtheexecutionof,orinconnectionwiththisshallbesettledamicablybynegotiation.Incasenosettlementcanbereachedthroughnegotiation,thecaseshallthenbesubmittedtoChinaInternationalEconomic&TradeArbitrationCommissioninShenzhen(orinBeijing)forarbitrationinaccordancewithitsrulesofprocedures.ThearbitralawardisfinalandbindingbothpartiesforsettingtheDispute.Thefeeforarbitrationshallbebornebythelosingpartyunlessotherwiseawarded.TheSeller李力TheBuyer:L/CIssueofDocumentaryCreditIssuingBank:METTABANKLTD.,FINLANDFormofDoc.Credit:REVOCABLECreditNumber:LRTO602457DateofIssue:090428Expiry:Date090416PlaceFinlandApplicant:A.B.C.CO.AKEDSANTERINkAUTOP.O.BOX9,FINLANDBeneficiary:GUANGZHOULIGHTELECTRICALAPPLIANCESCO.,LTD.52,DEZHENGROADSOUTH,GUANGZHOU,CHINAAmount:USD3648.00(SAYU.S.DOLTARSTHIRTYSIXHUGOTIATIONANDEIGHTONLY)Availablewith/by:ANYBANKINADVISINGCOUNTRYBYNEGOTIATIONDraftat…:DRAFTAT20DAYSSIGHTFORFULLINVOICEVALUEPartialShipments:NOTALLOWEDTransshipment:ALLOWEDLoadinginCharge:GUANGZHOUForTransportto:HELSINKIShipmentPeriod:THEＬＡＳＴＥＳＴMAY30,202,4,06Descrip.OfGoods:960PCSOFHALOGEHFITTINGW500,USD6.80PERPCASPERSALESCONTRACT06SG468001DD22,4,06CIFHESINKIDocumentsrequired:*COMMERCIALINVOICE1SIGNEDORIGINALAND5COPIES*PACKINGLISTIN2COPIES*FULLSETOFCLEANONBOARDMARINEBILLSOFLADING,MADEOUTTOORDER,MARKED“RFEIGHTPREPAID”ANDNOTIFYAPPLICANT(ASINDICATEABOVE)*GPSCERTIFICATEOFORIGINFORMA,CERTIFTINGGOODSOFORIGININCHINA,ISSUEDCOMPETENYAUTHORITIES*INSURANCEPOLICY/CERTIFICATECOVERINGALLRISKSANDWARRISKSOFPICCINCLUDINGWAREHOUSETOWAREHOUSECLAUSEUPTOFINALDESTINATIONATHELSINKL,RORATLEAST120PCTOFCIFVALUE*SHIPPINGADVICEMUSTBESENTAPPLICANTWITH2DAYSAFIERSHIPMENTADVISINGNUMBEROFPACKAGES,GROSS&NETWEIGHT,VESSELNAME,BILLOFLADINGNO.,ANDDATE,CONTRACTNO.,VALUE.*PresentationPeriod:6DAYSAFIERISSUANCEDATEOFSHIPPINDOCUMENT*Confirmation:WITHOUT*INSTRUCTIONS:THENEGOTIATIONBANKMUSTFORWARDTHEDRAFTSANDALLDOCUMENTSBYREGISTEREDAIRMALLDIRECTTOUSINTWOCONSECUTIVELOTS,UPONRECEIPTOFTHEDRAFTSANDDOCUMENTSINORDER,WEWILLREMITTHEPROCEEDSASINSTRUCTEDBYTHENEGOTIATINGBANK