Ⅶ. Fill in the contract form in English with the following particulars. (20%)
Ⅷ. Check the following letter of credit and make necessary amendments according to the contract terms in Ⅶ:(15%)
Bank A
To: Bank of China Beijing Date: 1 June, 1988
We hereby open our Irrevocable transferable Letter of Credit No. 9876543. In favour of China National Cereals, Oils & Foodstuffs Corp. For account of Canada Food Store, Vancouver up to an amount of CA $ 30,000.00 (Say Canadian Dollars Thirty Thousand Only) for 110% of the invoice value relative to the shipment of: Canned Strawberry Jam Great Wall Brand 1000 cartons (each 50 cans). As per Contract SC-3, from China Port to Vancouver.
Drafts to be drawn at sight on our bank and accompanied by the following documents, marked "X": ......
Partial Shipments permitted.
Transshipment permitted.
Shipment must be effected not later than 31 August 1988.
This L/C is valid at your counter until 5 September 1988.
For Bank A
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