Under the bond terms in international business, if the exporter fails to fulfill its obligations, the compensation should be paid by ______.
A.the importer's bank
B.the exporter's bank
C.the collecting bank
D.the negotiating bank
第1题:
听力原文:The bank has special obligation to depositors, because it makes profits from their money as well as its own.
(4)
A.The bank makes profits only from its own money.
B.The bank makes profits from not only the deposits but also its own money.
C.The bank has special obligation to make profits.
D.The bank makes profits by having special obligations to depositors.
第2题:
听力原文:A bank or insurance company issues a document to guarantee that exporter will supply the goods or services as the required standard.
(4)
A.A bank or insurance company issues an advance payment bond.
B.A bank or insurance company issues a tender bond.
C.A bank or insurance company issues a maintenance bond.
D.A bank or insurance company issues a performance bond.
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:
What is the safer and more normal method for the importer's bank to effect the settlement?
A.To issue a banker's draft.
B.To arrange for payment by mail transfer.
C.To make the payment to its correspondent bank.
D.To ask the importer to pay the money on his dollar account.
第5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6题:
听力原文: Banker's acceptances are a very old form. of commercial credit. They provide, in essence, a method whereby a bank may add its good name and reputation to bills of a borrower, thereby making the bills much more marketable than it would otherwise be. Specifically, the mechanics of the operation typically, work like the following. Suppose that an American exporter sells wheat to a German importer. The terms of the sale are that the German importer will pay for the wheat ninety days after it is shipped. For a variety of reasons, however, the American firm may want its money now, and not want to wait the ninety days. If so, it may issue a draft on its bank ordering the bank to pay a stipulated sum of money to the holder of the draft ninety days from now. Along with the draft, the American exporter will send the appropriate documents showing that the wheat has actually been shipped. When the bank receives the draft, together, with the documentation, it stamps "accepted" across the face of it.
27. What are banker's acceptances?
28.Who is the drawee of the draft mentioned in the passage?
29.What should be attached to the draft when it is presented for acceptance?
30.How does the bank accept the draft?
(27)
A.They are drafts issued by a bank on another bank.
B.They are a very old form. of commercial credit.
C.They are exchange bills discounted by customers.
D.They are checks cashed through the ATMs.
第7题:
听力原文:The encashing bank forwards the cheque to the drawer's bank for payment and reimbursement.
(5)
A.The paying bank sends the check to the remitting bank for repayment.
B.The remitting bank sends the check to the paying bank for repayment.
C.The collecting bank sends the check to the remitting bank for repayment.
D.The remitting bank sends the check to the collecting bank for repayment.
第8题:
Under a standby letter of credit, ______.
A.evidences of the underlying transaction should be filed first
B.the applicant may be exempted from any liabilities
C.the issuing bank has to pay the beneficiary
D.the issuing bank should pay when the applicant fails to fulfill his obligations
第9题:
听力原文:If a remitting bank fails to take proper care in the outward collection, the exporter will soon transfer his account to one which does.
(7)
A.If a remitting bank cannot take proper care in collection, the exporter will do it himself.
B.If a remitting bank cannot fulfill its obligation in collection, the exporter will claim indemnify for it.
C.If a remitting bank cannot take proper care in collection, it will lose a customer.
D.If a remitting bank cannot fulfill its obligation in collection, it will cause loss to the exporter.
第10题:
Who is the "recipient" in the settlement?
A.The correspondent bank.
B.The British bank.
C.The British importer.
D.The American supplier.