实训四 实训名称: Terms of Payment 实训目的: 1. To acquire the most commonly used method of payment in foreign trade: the Letter of Credit 2. To master the ability to write the letters concerning with L/C 实训内容: Some Exercises concerning with L/C 1. Choice of Terms of Payment 2. Urging establishment of L/C 3. Establishment of L/C 4. Amendment of L/C 5. Extension of L/C 实训地点: Classroom 实训原理: As far as the seller is concerned, we must adopt the following rule: L/C > D/P at sight > D/P after sight> D/A 实训步骤: