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1.Opening Case: clear the credit and debit relations among the four parties by using a negotiable instrument.(25') A in New York imports a batch of
1.Opening Case: clear the credit and debit relations among the four parties by using a negotiable instrument.(25') A in New York imports a batch of chairs from B in Paris, with the total value: 10,000 dollars, order number: 95E03LC001, shipment date: July 10th, 2013, and it is stipulated in the contract that payment should be effected within 30days after shipment; C in Paris buys desks from D in New York with the total value of 10,000 dollars. Meanwhile C offers furniture to B which costs 10,000dollars. (1) Issue a draft.(15') BILL OF EXCHANGE NO. SDT009 Paris Exchange for (23) At (2) (2') (shipment date: July 10th,2013 ) of this first of Exchange(second of the same tenor and date unpaid) pay to the order of (3) The sum of (4) Drawn under order number 95E03LC001. To: For: (6) (3') Paris Signature (2)Endorse on the draft to transfer the credit to final holder. (5')
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