“卖方；付款人”，正确的翻译为（）。[2006年第一次考试真题]A、seller；payeeB、seller；payerC、buyer；payeeD、buyer；payer

What will the buyer do if his bank buys the draft for him?

A．He will open a letter of credit.

B．He will repay the bank a short-term loan.

C．He will buy back the draft.

D．He will return the money to the seller.

Under the documentary credit, which of the following is false?

A．The buyer's bank will issue a documentary credit.

B．The seller has his bank's undertaking to pay.

C．If the seller presents the correct documents, he will be paid.

D．A bank acts as an intermediary between the buyer and seller and is willing to provide trade.

In fixed price contract which of the following holds true? (72).

A．More risk is placed on the buyer

B．If the amount of the contract is exceeded the seller is not obligated to perform. further unless the buyer increases the funds

C．The seller agrees to perform. a service or furnish supplies at the established contract price

D．The seller agrees to use his best effort to fulfill the contract within the estimated contract amount

If the buyer charters a ship and sends for the goods，the transit ______ by shipment of the goods，although the seller does not know where the goods are being taken．

A.is terminated

B.is stopped

C.is not terminated

D.is not stopped

A.trade credit

B.bank loans

C.commercial paper

D.factoring accounts receivable

听力原文：Although banks are involved in documentary collection, they offer no bank guarantee to either the buyer or the seller.

(10)

A．Banks may guarantee the buyer or the seller in documentary collection.

B．Banks act as agents without responsibility of guarantee on either side.

C．Banks offer bank guarantee to both the buyer and the seller in documentary collection.

D．Banks are only responsible for the buyer in documentary collection.

The Seller shall be liable ()the Buyer () any loss or damage to the Buyer.

A、to…on

B、to…at

C、for…for

D、to…for

What will a foreign seller do when he gets the letter of credit from the buyer?

A．He will draw a bill of exchange on the buyer's bank.

B．He will sell it and get money at once.

C．He will make payable on demand.

D．He will authorize the company to make the payment.