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.

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.


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听力原文:M: What will happen if a draft is not presented for payment when due?W: If this is the case, all the signatories on the bill will be discharged except the acceptor.Q: What are the two people mainly talking about?(18)A.How to present the bill for payment.B.The presentation of bills for payment.C.The solution to the injured drawer.D.The payment of the cheque.

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.

-Is it possible to find alternative payment terms for this order? -__________________________ A I’m afraid not. We insist on a letter of credit. ;B No, I think the price is reasonable. ;C I can’t be of any help in this respect.

The terms of payment are important for both the seller and the buyer. For the seller, the best terms would be full payment ________. We’re flexible, adaptable and innovative. Everything we do is about your bu cash at the time of sale. But the buyer would prefer to have the goods before making payment. Importers and exporters are separated from each other by ________. We’re flexible, adaptable and innovative. Everything we do is about your bu?of miles. This adds to the difficulties of ________. We’re flexible, adaptable and innovative. Everything we do is about your bu an agreement of payment. However, exporters and importers usually meet each other half-way and agree to payment by a Letter of Credit. A letter of credit (L/C) is a banker’s guarantee that payment will be made, if all the required shipping documents are presented. * In this way, exporters receive a guarantee not only from importers, but also from a bank. * On ________. We’re flexible, adaptable and innovative. Everything we do is about your buhand, importers are given the guarantee that the bank will not make payment unless all the shipping documents are presented. Nevertheless, the exporter can further require an ________letter of credit. That means the guarantee of payment cannot be cancelled either by the opening bank or the importer.

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.

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 payment is made by an irrevocable()letter of credit in our favor.A、 lightB、 brightC、 sight

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.

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听力原文:M: I've lost my credit card issued by your bank. What should I do, please?W: I am sorry for that. But you have to go to that counter over there for the card business.Q: Why does the customer come to the bank?(15)A.He got a credit card of his friend and come to ask how to use it.B.He got a card and did not know whose card it is.C.He has lost his credit card and come to ask what to do.D.He has found a credit card and come to ask what to do.

听力原文:M: Some credit cards are called gold cards because they offer higher credit limits and lower interest rates.W: But the card holders should pay a significant annual fee, perhaps as high as £ 50.Q: What is the disadvantage for gold cards holders?(16)A.High credit limitsB.High annual fee.C.Low interest rates.D.Monthly statements.

听力原文:If a letter of credit is issued irrevocably, it can't be canceled nor amended without permission.(4)A.An irrevocable L/C can not be committed to amendment.B.An irrevocable L/C can not be cancelled without permission.C.An irrevocable L/C can not be cancelled or amended.D.Neither cancellation nor amendment without permission can be made to the irrevocable L/C.

听力原文:If you open a transferable credit, the credit is established in favor of the middleman.(10)A.The supplier is the prime beneficiary of a transferable L/C.B.The middleman is the prime beneficiary of a transferable L/C.C.Neither the supplier nor the middleman is the beneficiary of a transferable L/C.D.In order to be in favor of the middleman, you should open a transferable credit.

听力原文:M: Would you tell me about the main contents of the document?W: Name, quality, unit price and amount of goods, ports of loading and destination, price and payment terms, shipping documents, latest shipment date and validity of the L/C.Q: What may be the name of the document?(19)A.Collection Order.B.Bill of Lading.C.Letter of Credit.D.Certificate of Origin.

As far as the beneficiary is concerned the letter of credit which is available by ______ is the least favorable.A.negotiationB.acceptanceC.sight paymentD.deferred payment

听力原文:Under the documentary credit, banks are in no way concerned with the sales contract on which the credit may be based.(3)A.Banks will deal with the documentary credit along with the sales contract.B.Banks take no care of the sales contract while dealing with the documentary credit.C.Documentary credit and the sales contract are both important to banks.D.Banks will care for either the documentary credit or the sales contract.

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.

What will accompany Ms. Waiter's letter?A.Credit card and email recordsB.Payment of late feesC.Her business cardD.Copies of two billing statements

According to her letter, what action did Ms. Walter take?A.She called the company to complainB.She paid her bills by telephoneC.She emailed her credit card companyD.She sent payments for late fees

Your request for payment()Letter of Credit is unacceptable.A、withB、byC、usingD、of

the letter of credit requires “three copies of inspection certificate issued by CCIC”. The documents presented as follows. Which is acceptable?()A、in 3 originalsB、in 3 copiesC、in 1 original and 2 copiesD、in 2 originals and 1 copy

单选题The payment is made by an irrevocable() letter of credit in our favor.AlightBbrightCsight

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.

多选题the letter of credit requires “three copies of inspection certificate issued by CCIC”. The documents presented as follows. Which is acceptable?()Ain 3 originalsBin 3 copiesCin 1 original and 2 copiesDin 2 originals and 1 copy

填空题What service does CashPlus offer?It offers a ____ of credit.