对
错
第1题:
Standby letters of credit are relatives of documentary letters of credit because ______.
A.they are very similar to ordinary letters of credit in operation
B.the issuing banks undertake to pay
C.they are normally accompanied by evidences of transactions such as non-negotiable copies of B/L or other documents
D.they call for all kinds of normal documents
第2题:
听力原文:What is it called if a letter of credit is issued for guarantee of performance rather than payment?
(3)
A.Back-to-back credit.
B.Reciprocal credit.
C.Documentary credit.
D.Stand-by credit.
第3题:
These are four main methods of securing payment in international trade: (1) payment under documentary credit (2) open account (3) collection, that is document against payment or acceptance of a bill of exchange (4) payment in advance From an exporter's point of view, the order of preference is ______.
A.(4), (2), (3), (1)
B.(4), (1), (3), (2)
C.(4), (3), (1), (2)
D.(2), (4), (1), (3)
第4题:
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.
第5题:
The purchaser of a draft/documents presented under a straight documentary credit only has the right ______.
A.to protest the issuing bank
B.to present the drafts/documents on behalf of the beneficiary
C.to purchase the beneficiary's drafts/documents
D.to present the draft/documents by himself
第6题:
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.
第7题:
听力原文:Our company will apply for a sight letter of credit for settlement instead of documentary collection.
(10)
A.Our company prefers an L/C to collection.
B.Our company will apply for documentary collection.
C.Our company will apply for either documentary collection or sight letter of credit according to your advice.
D.Our company will adopt neither documentary collection nor letter of credit.
第8题:
According to the passage, a documentary letter of credit is one which ______.
A.includes any drafts
B.includes drafts accompanied by invoice, bill of lading and other documents
C.is accompanied by invoices, bill of lading and other documents
D.is accompanied by drafts as well as insurance policy and commercial invoices
第9题:
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.
第10题:
A credit may be advised to a beneficiary through another bank (the advising bank) without engagement on the part of the advising bank, but that bank, if it elects to advise the credit, shall ______.
A.inform. the issuing bank of the credit which it advises without delay
B.endorse the amount negotiated on the reverse of the credit which it advises
C.add his confirmation to the credit which it advises
D.take reasonable care to check the apparent authenticity of the credit which it advises