【正文】 Co., Baghdad, purchased from you 2,000 dozen of Thermos Flask for delivery in July. As the goods are ready for shipment, draft a fax to the buyers urging establishment of the covering L/C immediately. ? 4. Suppose you are a seller, write a letter to Messrs. Simpson amp。 ? 11. 請刪除你方信用證上“銀行傭金及費用由受益人負擔”條款，因為銀行傭金及費用應由買方負擔。 Exercises after Class: ? 7. 如果你們不按期開證，因延遲開證而引起的損失，概由你方負責。 ? 4. 貨已備妥待裝，請即來電告知確切開證日期。 Difficult Points ? (3) Regarding letterwriting: ? The letter asking for amendment to L/C is the most important kind in this unit. Students must grasp its way of writing, and familiarize themselves with the oftenused expressions. Part Seven: Doing Exercises ? Exercises in Class: ? I. Answer the following questions: ? 1. Why is the problem of payment rather plicated in international trade? ? 2. What are the chief methods of payment in international trade? ? 3. What is the mostoftenused one in the financing of international cargo trade? Why? ? 4. What are the parties concerned to an L/C? ? 5. Tell the whole process of how an L/C is issued. ? 6. What is the main difference between payment by L/C and payment by collection? ? 7. Compare the methods of payment you learned. To the seller’s benefit, which is better and safer, D/P or D/A? Why? ? 8. Under what circumstances shall a seller agree to payment by D/A? Exercises in Class: ? II. Choose the best answer: ? 1. With regard to Contract , we are agreeable ____ D/P payment terms. ? A. for B. to ? C. with D. on ? 2. As agreed upon in our negotiations, payment ____ L/C. ? A. by B. is to be made by ? C. is by D. have to be ? 3. All the banking charges outside China should be ____ the buyer’s account. ? A. with B. for ? C. of D. to ? 4. Payment is to be made by letter of credit payable ____ shipping documents. ? A. with B. to C. against D. in ? 5. With regard ____ Contract No. 202, we are agreeable ____ D/P terms. ? A. to, to B. for, to C. to, for D. in, to Exercises in Class: ? 6. The letter of credit has been ____ in your favor. ? A. drawn B. closed ? C. opened D. made ? 7. Please see (to it) that the L/C stipulations are in strict accordance ____ the terms of the contract. ? A. with B. for C. in D. against ? 8. Please amend the credit ____ allowing transshipment. ? A. to B. in C. for D. as ? 9. The seller should, if necessary, ask the buyer to make an amendment ____ the L/C ____ shipment. ? A. of…of B. to…before C. of…after D. in…with ? 10. We wrote you last week ____ we are inspecting the goods. ? A. to this effect B. to the effect ? C. in effect D. to that effect v Exercises in Class: ? III. Translation work: ? (1) From English into Chinese: ? Put the sentences in Part Four (Useful Sentence Patterns) into Chinese, paying attention to the technical words and terms and expressions. Exercises after Class: ? (2) From Chinese into English: ? 1. 至于支付，我們要求保兌的、不可撤銷的，允許分裝和轉運的，金額為全部貨款的信用證，憑即期匯票并附全套裝船單據向這里的議付行議付。 to extend an L/C。 against presentation of shipping documents。 Difficult Points ? C. Phrases or Expressions: ? to issue an L/C。 stipulation。 value。 D/P after sight。 collection。 documentary L/C。 negotiation。 drawer。 honour。 expedite。 confirm。 open。 Difficult Points ? (2) Regarding technical words and expressions: ? A. Verbs: ? pay。 – The second message, though still restrained, will express disappointment and surprise. Part Five: Reminders for Writing Letters about Payment: ? Letters asking for amendment to L/C: – Acknowledge the receipt of L/C。 ? 4). Hope for an early reply. Part Five: Reminders for Writing Letters about Payment: ? Letters urging establishment of L/C: ? There may be cases where the buyer fails to open the L/C, or the L/C does not reach the seller in time, then a letter, usually a fax or an has to be sent to the buyer to urge him to expedite the L/C or to ascertain its whereabouts. As a seller, he must bear in mind the following while drafting such a letter: Part Five: Reminders for Writing Letters about Payment: – Whatever the cause may be, no suggestion of annoyance is to appear in his letter。 operate ? . The new pricelist will take effect from (on) the first of next month. ? 12. to the effect: with the general meaning (or information) ? . We have received your message to the effect that shipment is to be held pending your instructions. ? Information has been received here to the effect that prices on your side are showing s