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Ili 1 2022 97b5dercial invoice is M bng Google Ti liu A. Exporter B. exporter's bank C. importer D. importer's bank 10. Which of the following is not a basic objective of documentation in foreign trade? A. to assure that the exporter will receive the payment B. to assure that the importer will receive the goods C. to eliminate risk of non-completion D. None of the above 11. Which of the following is not an important document in foreign trade? A. a check for the value of goods B. a draft C. a bill of lading D. a letter of credit 12. Which of the following is not true of a letter of credit? A. It is a document B. It is issued by a bank 1/2 BM01aQT04/T-KT C. at the request of the exporter D. the bank agrees to honor a draft drawn on the importer 13. If a letter of credit can be neither cancelled nor modified without the consent of all parties, it is known as A. revolving B. irrevocable C. revocable D. unconfirmed 14. Which of the following may be required as additional documents in a letter of credit? A. commercial invoice B. insurance document C. consular invoice D. all of the above 15. Which of the following is not true of a consular invoice? A. provides customs officials with all information B. facilitates easy customs clearance C. helps customs officials assess duties D. issued by the consulate of the exporting country