Write "TRUE or"FALSE". (1 point for each, 10 points in total) 1. Payment from negotiating bank under a L/C is final and cannot be reclaimed. 2. If a credit is subject to UCP 600 and doesn't indicate whether it is irrevocable or not, it is a revocable L/C. 3. A draft showing "Pay to Mary White and debit my No.2 account" represents an unconditional order to pay. 4. Once a draft is accepted, its primary debtor is changed from drawer to acceptor. 5. An uncrossed cheque implies that the cheque amount should be paid into a bank account and can not be exchanged for cash over the counter. 6. For a confirmed credit, the confirming bank holds the same liability as the issuing bank. 7. If the remittance is made by a banker's demand draft, this payment is based on bank credit. 8. The drawer of the draft used under L/C is generally the issuing bank. 9."Dishonor"means the refusal to the acceptance or payment of a duly presented draft. 10. In L/C, the advising bank is responsible for examining the documents presented by the beneficiary