Economic exam

11. ( ) According to UCP 600, the LC is independent of the underlying transactions. 12. ( ) According to CISG, the offeror can withdraw his offer, but he can not revoke it no matter what happened. 13. ( ) The collecting bank should promise to get the money from the buyer under Collection. 14. ( ) According to UCP 600, the beneficiary should present full set clean on board BLs if the L/C requires B/Is with no special terms and conditions. 15. ( ) Under Collection, the payer of the draft should be the buyer's bank. 16. ( ) Partial loss or damage is not recoverable with FPA. 17. ( ) Order B/L will be transferred with endorsement. 18. ( ) According to INCOTERMS 2010, under EXW contract, the seller obligation is minimum. 19. ( ) Unclean B/L will be accepted by the buyer or the issuing bank. 20. ( ) A B/L could be negotiated or transferred because all of them are documents of title to the goods