Bank of China informs the beneficiary， a Chinese import and export company that a foreign bank has opened a letter of credit in his favor. The bank does not add its engagement by informing the beneficiary. The Bank of China ia acting as （）.

【单选题】The restricted areas onboard your ship are indicated in your Ship Security Plan A. The restricted areas onboard your ship are indicated by captain B. The restricted areas onboard your ship are indicated by your company C. The Declaration of Security indicates the restricted areas onboard your ship D. The Ship Security Plan indicates the restricted areas onboard your ship

___________ is a document issued by a bank indicating that it will make payments to a beneficiary upon presentation of particular documents. A: Draft B: Bill of Exchange C: Letter of Credit D: Sight Draft

44. The company's products will ship out from__________. A: A)New York B: B) Los Angeles C: C)Turkey D: D)Japan

A confirmed irrevocable letter of credit ____________ . A: carries the confirmation of the issuing bank B: always involves at least two banks C: is issued by the advising bank D: creates the highest level of security against sovereign risk