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  3. Sales Contract No.: SC-3 Done and signed in Beijing on this 4th day of May 2017 Sellers: China National Cereals, Oils

Sales Contract No.: SC-3 Done and signed in Beijing on this 4th day of May 2017 Sellers: China National Cereals, Oils

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问题                         Sales Contract
   No.: SC-3
   Done and signed in Beijing on this 4th day of May 2017
   Sellers: China National Cereals, Oils & Foodstuffs Corp.
   Buyers: Canada Food Corp. . Vancouver
   This Contract is made by and between the Buyers and the Sellers; whereby the Buyers agree to buy and the Sellers agree to sell the under-mentioned commodity according to the terms and conditions stipulated below:
   Commodity: Apple Jam, Great Wall Brand
   Specifications: In cans of 340 grams
   Quantity: 1 000 cases(each 100 cans)
   Unit price: US＄30.00 per case
   Packing: In cases
   Insurance: To be effected by the Sellers against All Risks
   Time of Shipment: August 2017
   Port of Shipment: Chinese Port
   Port of Destination: Vancouver. Canada
   Shipping Mark: At Seller’s choices
   Terms of Payment: By Letter of Credit
What are the terms of payment? By______.
选项
答案Letter of Credit
解析 根据关键词terms of payment定位到合同最后一行的付款方式处，由此可知本题答案为Letter of Credit。
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