CDCS vs. Common Sense

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CDCS means "Certified Documentary Credit Specialist", a certification from ICC Paris, administered by IFSA for the USA, Canada, and Mexico, whilst for the rest of the world by IFS School of Finance.
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Question from G.S.:
Dear Sir,
I am going to appear for forthcoming CDCS exam on 16th April,2010. I have worked out the CDCS exercises provided by you. While going through your answers, where some answers are based on practicality and common sense, I got a doubt. The doubt is :
Should my answers to CDCS case studies strictly according to UCP600,ISP 98, ISBP, URR 725 and eUCP or can I consider practicality/common sense while answering the questions?
Trust you appreciate my concern.

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Thanks and Regards
G. S.
Asst. Vice President
X Bank Ltd
Global Financial Institutions Division
Treasury

Response from T.O. Lee:
Dear Mr. S.,
Bernard Wheble, the father of letter of credit, is remembered for his golden words: "Bankers should not act like robots in examination of documents and should use common sense. So says Reinhard Lingerich. That is what LC is about, to facilitate trade but not to be a barrier to trade.
Having said that, most bankers who are eager to find revenue due to escalating operation costs, would turn "discrepancy happy" and fabricate discrepancies just for this purpose. This would make LC finally forsaken by traders.
I believe that CDCS examiners would not put forth questions that lead to a robotic answer because they should have common sense too :-)
T. O.

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