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  3. Sales Contract No.: SC-3 Done and signed in Beijing on this 4th day of May 2009 Sellers; China National Cereals, Oils &- Foodstu

Sales Contract No.: SC-3 Done and signed in Beijing on this 4th day of May 2009 Sellers; China National Cereals, Oils &- Foodstu

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问题                                      Sales Contract
No.: SC-3
Done and signed in Beijing on this 4th day of May 2009 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 2009
     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 根据线索词terms of payment定位到合同最后一行的付款方式处可知，本题答案为Letter of Credit。注意专有名词首字母大写。
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