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.
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.
相关考题：
Why didn't Peter take more money from the bank?A．He was afraid that be would be caught on the spot.B．The maximum sum allowed was ＄5,000.C．He was limited by time and the size of his pockets.D．Large bills were not within his reach.
单句理解听力原文：The interest rates on these small deposits are usually floating rates, and they are usually 2%- 5% below the bank's current base rates.(1)A．Bank's current base rates are higher than those on small deposits.B．Bank's current base rates are lower than those on small deposits.C．Bank's current base rates are not floating rates.D．Bank's current base rates are usually floating rates.
听力原文：A cheque is never accepted by the bank on which it is drawn. Hence, the rules relating to acceptance of bills do not apply to cheques.(9)A．A cheque can be accepted by the bank on which it is drawn.B．A bill can not be accepted by the bank on which it is drawn.C．The rules relating to acceptance of bills are not applicable to cheques.D．The rules relating to acceptance of bills are applicable to cheques.
听力原文： A certificate of deposit (CD) is a time deposit with a bank. Time deposits may not be withdrawn on demand like a check account. CDs are generally issued by commercial banks but they can be bought through brokerages. They bear a specific maturity date that usually lasts from 3 months to 5 years, a specified interest rate, and can be issued in any denomination, very similar to bonds. CDs offer a slightly higher yield than T-Bills because of the slightly higher default risk for a bank, but overall the likeliness of a large bank going broke is pretty slim. Of course, the amount of interest you earn depends on a number of factors such as the current interest rate environment, how much money you invest, the length of time, and your specific bank.24. What is a CD?25.Which of the followings generally issue CDs?26.How long does a specific maturity usually last?27.Why do CDs pay higher return to investors than T-bills?(24)A．A term deposit that can be drawn at any time.B．A time deposit with a bank.C．A current deposit.D．A cheek account.
听力原文：M: Do you know some forms of bank advances?W: There are three forms: overdrafts, personal loans and mortgages.Q: Which of the following is not a form. of bank advances?(13)A．Overdrafts.B．Mortgages.C．Personal loans.D．Letter of credit.
The reason why the market for large CDs has been active since 1961 may be that the yield is usually higher than Treasury bills.A．RightB．WrongC．Doesn't say
听力原文：M: Could you tell me what specific document you will provide?W: Together with the draft, we'll also send you a complete set of bills of lading, an invoice, an export license, an insurance policy, a certificate of origin, and a certificate of inspection.Q: What document the woman did not mention?(14)A．Bills of lading.B．Consular invoice.C．Insurance policy.D．Certificate of origin.
听力原文：M: Do you provide investment service?W: Yes. We are a commercial bank. We help customers with the purchase and sales of securities.Q: What does the man want to do?(13)A．He will provide investment service.B．He will help the customers.C．He will join the commercial bank.D．He will purchase or sell securities.
If you are staying in the UK for more than 6 months, it may be useful to open a UK bank account. There are a lot of advantages of having a UK current (checking) account:Paying billsMany landlords prefer to collect rent directly from a bank account.You may be able to obtain cheaper services if you pay bills directly from a bank account，e. g. telephone, gas/water/electricity.If you are given a chequebook, you can also write cheques as a safe way of paying for things.CashYou can easily obtain money from cash machines，or pay directly from your account using a debit card(借记卡).Saving moneyIt is generally cheaper to use a UK account than it is to pay by credit card(信用卡)or withdraw (提取) cash from a foreign bank.EmploymentIf you work in the UK，some employers require you to have a bank account so that you can get your pay.Advantages of UK Current AccountPaying bills： 1) to pay rent directly from ①2) to obtain ② services3) to pay for things with cheques safelyCash：1)to obtain money from ③ easily21 to pay directly from your accountSaving money：cheaper to use a ④ accountEmployment：to get your ⑤ through a bank account
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.
The bills ______ to more than $1000, which greatly exceeded our budget. A. added upB. went onC. broke downD. got off
听力原文：M: Bank of China. May I help you?W: Yes, please. I'd like to get some information about discounting a bill of exchange.Q: What does the customer want to do.?(17)A．To withdraw some money.B．To exchange some foreign currencies.C．To discount some bills.D．To cash some traveler's checks.
听力原文：M: Well, what other documents shall I hand in to your bank besides bills of lading?W: A sight draft, an insurance policy, and a collection order which contains instructions on collection operation to our bank.Q: What are they talking about???(18)A．Presentation of bill of exchange for payment.B．Documents required for a collection operation.C．Application for a letter of credit.D．What are contained in a collection order.
Now the air in our city is _______ than it used to be. Something must be done to stop it.A.very good B.much better C.rather bad D.even worse
“There is one and only one social responsibility of business,”wrote Milton Friedman,a Nobel prize-winning economist“That is,to use its resources and engage in activities designed to increase its profits.”But even if you accept Fiedman’s premise and regard corporate social responsibility（CSR）policies as a waste of shareholders money,things may not be absolutely clear-cut.New research suggests that CSR may create monetary value for companies–at least when they are prosecuted for corruption.The largest firms is America and Britain together spend more than$15 billion a year on CSR,according to an estimate by EPG,a consulting firm,This could add value to their businesses in three ways.First,consumers may take CSR spending as a“signal”that a company’s products are of high quality.Second,customers may be willing to buy a company’s products as an indirect way to donate to the good causes is helps.And third,through a more diffuse“halo effect,”whereby its good deeds earn it greater consideration from consumers and others.Previous studies on CSR have had trouble differentiating these effects because consumers can be affected by all three.A recent study attempts to separate them by looking at bribery prosecutions under America’s Foreign Corrupt Practices Act（FCPA）.It argues that since prosecutors do not consume a company's products as part of their investigations,they could be influenced only by the halo effect.The study found that,among prosecuted firms,those with the most comprehensiveCSR programmes tendedto getmore lenient penalties.Their analysis ruled out the possibility that it was firms'political influence,rather than their CSR stand,that accounted for the leniency:Companies that contributed more to political campaigns did not receive lower fines.In all,the study concludes that whereas prosecutors should only evaluate a case based on its merits,they do seen to influenced by a company’s record in CSR."We estimate that either eliminating a substantial labour-rights concern,such as child labour,or increasing corporate giving by about 20%results in fines that generally are 40%lower than the typical punishment for bribing foreign officials,"says one researcher.Researchers admit that their study does not answer the question of how much businesses ought to spend on CSR.Nor does it reveal how much companies are banking on the halo effect,rather than the other possible benefits,when they decide their do-gooding policies.But at least have demonstrated that whencompanies get into trouble with the law,evidence of good character can win In all,the study concludes that whereas prosecutors should only evaluate a case based on its merits,they do seen to influenced by a company’s record in CSR."We estimate that either eliminating a substantial labour-rights concern,such as child labour,or increasing corporate giving by about 20%results in fines that generally are 40%lower than the typical punishment for bribing foreign officials,"says one researcher.Researchers admit that their study does not answer the question of how much businesses ought to spend on CSR.Nor does it reveal how much companies are banking on the halo effect,rather than the other possible benefits,when they decide their do-gooding policies.But at least have demonstrated that whencompanies get into trouble with the law,evidence of good character can win them a less costly punishment.Theexpression"more lenient"（Line 2,Para.4）is closestin meaning to.A.more effective.B.less controversial.C.less severe.D.more lasting.
Which is not one of the things researched by a bank? __________A.How much money the borrower ownsB.What salary the borrower makesC.What kind of job the borrower hasD.What kind of house the borrower lives in
资料：Some companies are more creative in their use of history than others. HSBC’s History Wall, a striking art installation at the bank’s London headquarters, is made up of 3,743 images drawn from the bank’s archives and arranged in chronological order.Even this is dwarfed by Coca Cola, the American classics. In May, Coca Cola opened a new corporate museum in Atlanta, which is expected to pull in more than 1 million visitors annually, Attractions include the first Coke cans to go into space, a functioning botting line and a tasting lounge.The benefits of knowing your corporate history can be very practical. Companies often use their history as inspiration for new products. Disney constantly mines its archives of old films. Carmakers have overhauled old designs for the modern era: Volkswagen’s New Beetle is an obvious example.But the bigger payoff tends to be less tangible — that of forging stronger bonds with customers and employees. Age can by itself confer a sense of trustworthiness, brewers and banks are fond of flaunting（炫耀） their deep roots. Jim Gilmore, co-author of “Authenticity”, argues that history is also vital in giving companies a genuine sense of personality. Ritz-Carlton’s use of cobalt-blue glasses in its hotel dining rooms can be traced back to Boston in the 1920s, for example, where window glass that had been imported from Europe and turned blue in the New England air was a symbol of wealth. Rather than commissioning dusty biographies to mark anniversaries, Mr. Gilmore believes that firms should search the archives for inspiring stories of this kind.Younger companies can use history, too. Before giving up their old jobs, the founders of Innocent, a British drinks firm formed in 1998,sold an initial batch of smoothies from a market stall in London. They asked customers to put their empty bottles into one of two labeled bins to indicate whether they should focus on their new venture or stick to their day jobs. The rest, as they say, is history. The firm now uses the story to illustrate its folksy image.According to the first paragraph, what does the example of HSBC show?A.The bank has greater power than other banks.B.The bank contributes a lot to the development of London.C.The bank uses its history more creatively.D.The bank has a different business model than other firms.
翻译：The charterer shall indemnify the Owners against all consequences or liabilities that mayarise from the signing of bills of lading as presented to the extent that the terms or contents of such bills of lading impose or results in the imposition of more onerous liabilities upon the Owners than those assured by the Owners under this charter party
One of Company.com’s Linux partitions is experiencing excessive paging. They want to provide more memory to the partition to resolve this problem. What is the best method to add the memory？（）A、Add an additional virtual swap device to the partition.B、Use DLPAR to dynamically add the required memory to the partition.C、Shut down the partition and redefine its profile with additional memory.D、Change Partition Load Manager parameters to provide the partition with additional memory shares.
问答题Credit cards enable their holders to obtain goods and services on credit. They are issued by retail stores, banks, credit card companies to approved clients. The bank or credit card company settles the client’s bills, invoicing him monthly and charging interest on any outstanding debts. Their profit comes from the high rate of interest charged, the card holder’s subscriptions, and the fees paid by some organizations that accept cards.
单选题请阅读Passage 2，完成第26~30小题。Passage 2“There is one and only one social responsibility of business,”wrote Milton Friedman, a Nobel prize-winning economist,“That is, to use its resources and engage in activities designed to increase its profits.”But even if you accept Friedman's premise and regard corporate social responsibility(CSR) policies as a waste of shareholders' money, things may not be absolutely clear-cut.New research suggests that CSR may create monetary value for companies-at least when they are prosecuted for corruption.The largest firms in America and Britain together spend more than $15 billion a year on CSR, according to an estimate by EPG, a consulting firm.This could add value to their businesses in three ways.First, consumers may take CSR spending as a“signal”that a company's products are of high quality.Second, customers may be willing to buy a company's products as an indirect way to donate to the good causes it helps.And third, through a more diffuse“halo effect,” whereby its good deeds earn it greater consideration from consumers and others.Previous studies on CSR have had trouble differentiating these effects because consumers can be affected by all three.A recent study attempts to separate them by looking at bribery prosecutions under America's Foreign Corrupt Practices Act(FCPA).It argues that since prosecutors do not consume a company's products as part of their investigations, they could be influenced only by the halo effect.The study found that, among prosecuted firms, those with the most comprehensive CSR programmes tended to get more lenient penalties.Their analysis ruled out the possibility that it was firms' political influence, rather than their CSR stand, that accounted for the leniency: Companies that contributed more to political campaigns did not receive lower fines.In all, the study concludes that whereas prosecutors should only evaluate a case based on its merits, they do seem to be influenced by a company's record in CSR.“We estimate that either eliminating a substantial labour-rights concern, such as child labour, or increasing corporate giving by about 20% results in fines that generally are 40% lower than the typical punishment for bribing foreign officials,” says one researcher.Researchers admit that their study does not answer the question of how much businesses ought to spend on CSR.Nor does it reveal how much companies are banking on the halo effect, rather than the other possible benefits, when they decide their do-gooding policies.But at least they have demonstrated that when companies get into trouble with the law, evidence of good character can win them a less costly punishment.The author views Milton Friedman's statement about CSR with ____ .AtoleranceBskepticismCuncertaintyDapproval
单选题请阅读Passage 2，完成第26~30小题。Passage 2“There is one and only one social responsibility of business,”wrote Milton Friedman, a Nobel prize-winning economist,“That is, to use its resources and engage in activities designed to increase its profits.”But even if you accept Friedman's premise and regard corporate social responsibility(CSR) policies as a waste of shareholders' money, things may not be absolutely clear-cut.New research suggests that CSR may create monetary value for companies-at least when they are prosecuted for corruption.The largest firms in America and Britain together spend more than $15 billion a year on CSR, according to an estimate by EPG, a consulting firm.This could add value to their businesses in three ways.First, consumers may take CSR spending as a“signal”that a company's products are of high quality.Second, customers may be willing to buy a company's products as an indirect way to donate to the good causes it helps.And third, through a more diffuse“halo effect,” whereby its good deeds earn it greater consideration from consumers and others.Previous studies on CSR have had trouble differentiating these effects because consumers can be affected by all three.A recent study attempts to separate them by looking at bribery prosecutions under America's Foreign Corrupt Practices Act(FCPA).It argues that since prosecutors do not consume a company's products as part of their investigations, they could be influenced only by the halo effect.The study found that, among prosecuted firms, those with the most comprehensive CSR programmes tended to get more lenient penalties.Their analysis ruled out the possibility that it was firms' political influence, rather than their CSR stand, that accounted for the leniency: Companies that contributed more to political campaigns did not receive lower fines.In all, the study concludes that whereas prosecutors should only evaluate a case based on its merits, they do seem to be influenced by a company's record in CSR.“We estimate that either eliminating a substantial labour-rights concern, such as child labour, or increasing corporate giving by about 20% results in fines that generally are 40% lower than the typical punishment for bribing foreign officials,” says one researcher.Researchers admit that their study does not answer the question of how much businesses ought to spend on CSR.Nor does it reveal how much companies are banking on the halo effect, rather than the other possible benefits, when they decide their do-gooding policies.But at least they have demonstrated that when companies get into trouble with the law, evidence of good character can win them a less costly punishment.The expression“more lenient”is closest in meaning to ____ .Amore effectiveBless controversialCless severeDmore lasting
单选题One of Company.com’s Linux partitions is experiencing excessive paging. They want to provide more memory to the partition to resolve this problem. What is the best method to add the memory？（）AAdd an additional virtual swap device to the partition.BUse DLPAR to dynamically add the required memory to the partition.CShut down the partition and redefine its profile with additional memory.DChange Partition Load Manager parameters to provide the partition with additional memory shares.
问答题翻译：The charterer shall indemnify the Owners against all consequences or liabilities that mayarise from the signing of bills of lading as presented to the extent that the terms or contents of such bills of lading impose or results in the imposition of more onerous liabilities upon the Owners than those assured by the Owners under this charter party
问答题Practice 4 The other kind of bank—the Bank of the United States was simultaneously a commercial bank and a quasi-public central bank. The First Bank of the United States, chartered by the Congress in 1791, owed its existence to Alexander Hamilton who, shortly after becoming Secretary of the Treasury, showed remarkable insight into the financial problems of the young country and the economic implications of banking. The First Bank of the United States operated much like a private bank. But unlike a regular commercial bank, it had the federal government as a partner and number one customer. The Bank served as the fiscal agent for the government, holding government tax receipts, paying government bills, performing various financial housekeeping tasks. In return, the government kept its cash as deposits with the First Bank of the United States, giving it a huge financial base. The First Bank’s federal charter, moreover, allowed it to operate branches in all states, giving it a big competitive edge over regular state-chartered banks, which could operate only in the states that chartered them. Gradually the First Bank of the United States evolved into a sort of banker’s bank, gaining the power to police lesser commercial banks.