Information of S/C 1.THE BUYER: TKAMLA CORP. 6-7, KAWARA MACH, TOKYO JAPAN 2.THE SELLER: SHANGHAI IMPORT\&EXPORT TRADE CORP. 1321 ZHONGSHAN ROAD SHANGHAI, CHINA 3.DESCRIPTION OF GOODS: 4000 PCS "DIAMOND" BRAND CLOCK, ART NO. 791 PACKED IN 80 CARTONS 4. UNIT PRICE\&TERMS: USD5.31 PER PIECE CIF TOKYO 5. AMOUNT: USD21,240.00 6._SHIPMENT: SHIPMENT ON OR BEFORE JUN. 15th,2019 7. PARTIAL SHIPMENT: NOT ALLOWED 8. TRANSSHIPMENT: ALLOWED 9. INSURANCE: THE SELLER SHALL COVER INSUREANCE AGAINST ALL RISKS, WAR RISKS FOR 110% OF THE TOTAL INVOICE VALLUE AS PER THE RELEVANT OCEAN MARINE CARGO CLAUSE OF P.I.C.C.DATED JAN.1 ST1981. 10. G.W.:1232KGS, MEAS.:4.20CBM 11. OCEAN VESSEL: DAFENG E002 Letter of Credit: + SIGNED COMMERCIAL INVOICE QUADRUPLICATE INDICATING S/C NO. 21SSG-017 OF SHANGHAI IMPORT\&EXPORT TRADE CORP. 1321 ZHONGSHAN ROAD SHANGHAI,CHINA + PACKING LIST AND WEIGHT NOTE IN TRIPLICATE. + ORIGINAL CERTIFICATE OF ORIGIN AND 3 COPIES ISSUED BY BANK OF CHINA + INSURANCE POLICY OR CERTIFICATE IN 2/2 AND ENDORSED IN BLANK FOR 110 PCT OF FULL TOTAL INVOICE VALUE COVERING WAR RISKS AND WPA AS PER THE RELEVANT OCEAN MARINE CARGO CLAUSE OF P.I.C.C.DATED JAN.1 ST, 1981. WITH CLAMS, IF ANY, PAYABLE AT DESTINATION. + FULL SET OF AT LEAST IN 3/3 CLEAN ON BOARD MARINE BILL OF LADING MADE OUT TO ORDER OF ISSUING BANK AND BLANK ENDORSED AND NOTIFY APPLICANT MARKED FREIGHT PREPAID. ALL BANKING CHARGES OUTSIDE JAPAN ARE FOR BENEFICIARY'S A CCOUNT - Answer the following questions according to the above S/C and L/C(30) (1) What is the expiry place of the L/C ? (2'): (2) Where and how the L/C could be honoured? (2'): (3) What is the latest date of shipment? (2');: (4) What are the types and quantities of documents required in the L/C. ( 8 ) (5) Examine the L/C according to the S/C and then modify it. (16' )