Which of the following is L/C/？（）

A.The issuing bank takes the first responsibility to pay.

B.L/C is a transaction of documents.

C.L/C is independent on trade contract.

D.It is based on bank credit.

正确答案：The issuing bank takes the first responsibility to pay.L/C is a transaction of documents.L/C is independent on trade contract.It is based on bank credit.