Fill in the blanks with the suitable words
(1) Establish of L/C
Dear Sirs,
The instructions from Browning &Sons, received through our Hong Kong office, we have opened an __________letter of credit_________$59,900 in your________, valid until 30 November next. You have authority to draw on us at 60 days ________this credit for the amount of you invoice upon shipment of 2000 tons of Steels to Browning & Sons.
Your ________must be accompanied by the following documents, which are to be delivered to us against our acceptance of the draft, Bill of Lading _________triplicate, Commercial________, Insurance Certificate and Certificate of Origin.
Provided you fulfill the terms __________the credit we will accept and pay on maturity the draft presented to us _________this credit and if required, provided discounting facilities _________current rates.
(2) Enquiry
We are ___the market ____a parcel of 5,000 pairs of Chinese Shoes and we, ______, request you to _____us an offer ____CIF Largos basis including 5%_______, indicating terms of______and earliest______
We all______it if you will arrange shipment ___a direct steamer to Largos and send us samples and a brochure.
(3) Offer
We are ____ receipt of your cable dated 25 June. We are now offering you 5000 pairs of Chinese cotton shoes____RMB 3.50 per pair CIFC3% Largos ____shipment during October _______transshipment ____Hong Kong and payment ___L/C ____sight, subject ___your acceptance reaching here ____July 10, Beijing time, Samples and a brochure have been sent ___separate cover.
(4) Terms of Payment
We enclose an application form for documentary ________and shall be glad if you will arrange to _______credit for our account with your office in London an irrevocable letter of credit for $1000 in ________of Urban Trading Company, the credit to be _________ _________ Nov.30.
The credit which evidences shipment of 2000 tons of Steel may be used ________presentation of the following documents: Bills of Lading in _______, one copy each of _________Invoice, Packing List, Certificate of Insurance and Certificate of Origin. The company may _________on your London office at 60 days’_________for each shipment.
(5) Insurance
Dear Sirs,
In ________to your letter of September 4 _________insurance:
Your customer’s _________for insurance ___________up to the inland city is acceptable ________condition that such extra premium is for his ___________.
Second, we can not __________you insurance coverage _____________150% of the invoice value, because the contract __________that insurance is to be covered for 110% of _______value.
We trust the above information serves your purpose. Meanwhile we await your reply.
Sincerely.
(1) Establish Business Relations
Dear Sirs,
Your name and address were______to us ____the London Trade Board ___a large exporter of fabrics of high quality.
We are importers of quality clothing materials, and have large annual____for our markets____Spain.
We should be obliged if you would____us your pattern books ____the complete ___of these fabrics, ___with your price list.
We___________the pleasure of hearing from you soon.
Yours faithfully,
(2)Acceptance
We have received your cable _____ 15 Oct., ____us 200 Golden Lion Bicycles ___US$68 ____which we thank you.
We have accepted the _____offer. We will ____the _____L/C ____receipt ___the Sales Confirmation ___the signature.
(3)Complaints and Claims
Dear Sirs,
We have received your letter ________15th July, informing us that the sewing machines we _________to you arrived in a damaged condition ______account of ___________of our packing.
Upon _________of your letter, we have given this matter our immediate attention. We have studied your surveyor’s report very carefully.
We are convinced that the present ___________was due to extraordinary circumstances __________which they were transported to you. We are ___________not responasible for the damage; but as we do not think that it would be fair to have you _______the loss alone, we suggest that the _________be divided between both of us, to which we hope you will agree.
Yours sincerely
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