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O-LevelCommerceGlobal trade7100/11 · Oct/Nov 2013 · Q351 Mark

The diagram shows part of a letter of credit. To: Mauritius Sugar Traders Port Louis Mauritius Dear Sirs Letter of Credit Number 05/278 16/9/13 This letter of credit is sent at the request of the London Sugar Company, concerning the shipment of five hundred kilograms of sugar for the sum of fifty thousand rupees... Yours faithfully S Smith Premier Bank Who is the importer of the sugar?

This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.

ALondon Sugar Company
BMauritius Sugar Traders
CPremier Bank
DS Smith

✓ Correct answer

A: London Sugar Company

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About this question

Topic
Global trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2013 Paper 1 Variant 1, question 35.

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