单选题
Which of the following is not the difference between a transferable credit and a back - to - back credit?
A、
Only one credit is involved in trading on a transferable credit basis, whereas back - to - back credits consist of two entirely separate documentary credits.
B、
With transferable credits tire middleman gets a documentary credit from the ultimate buyer, whereas with back - to - back credits the supplier has to obtain a documentary credit from the ultimate buyer.
C、
With transferable credits, the ultimate buyer is aware that he is dealing with a middleman; with hack - to- back credits, he is not.
D、
With transferable credits the middleman and his bankers have no liability on the credit, but with back - to- back credits, they are fully liable on the second credit.
【正确答案】
B
【答案解析】
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