Documentary Collection is to be made with the documents to be()to the draft.A、enclosedB、attachedC、togetherD、alongwith
Documentary Collection is to be made with the documents to be()to the draft.
- A、enclosed
- B、attached
- C、together
- D、alongwith
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听力原文:Under the general rules, once the documents are passed to the remitting bank by the drawer, the bank has an absolute right over the goods through the title documents.(10)A.Once the title documents are entrusted, the goods are at the disposal of the collecting bank.B.The title documents enable the remitting bank to dispose the goods according to the instruction given in the collection order.C.The title documents are usually issued by the drawee.D.In spite of the possession of the title documents, the bank can not deal with the goods without the allowance of the drawer.
Standby letters of credit are relatives of documentary letters of credit because ______.A.they are very similar to ordinary letters of credit in operationB.the issuing banks undertake to payC.they are normally accompanied by evidences of transactions such as non-negotiable copies of B/L or other documentsD.they call for all kinds of normal documents
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.
The purchaser of a draft/documents presented under a straight documentary credit only has the right ______.A.to protest the issuing bankB.to present the drafts/documents on behalf of the beneficiaryC.to purchase the beneficiary's drafts/documentsD.to present the draft/documents by himself
The documentary collection provides the seller with a greater degree of protection than shipping on ______.A.documentary creditB.banker's letter of guaranteeC.banker's draftD.open account
跟单托收的交单条件有:() A.D/P or D/P at xx days after sightB.Delivery of documents against letters of undertaking to payC.Delivery of documents against promissory noteD.Delivery of documents against a signed trust receiptE.Delivery of documents against part of collection to be paid at sight and the balance by way of the acceptance of a separate draft payable at a future date.F.D/A
Mr.Reeves, who is in his nineties, has made a will that all his collection of paintings ( ) to the local museum. A、will leaveB、is to leaveC、is to be leftD、has left
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.
Which of the following terms of payment has the least country risk?A.Revocable documentary credits.B.Confirmed Irrevocable documentary credits.C.Documentary collection D/P.D.Documentary collection D/A.
Documentary Collection is to be made with the documents to be ( )to the draft.A. enclosedB. attachedC. togetherD. along with
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.
听力原文:ABC Company applied for a sight letter of credit for settlement instead of documentary collection.(4)A.The company changed idea.B.The company preferred an L/C to collection.C.The company did not want an L/C.D.The company applied for documentary collection.
Which of the following payment terms eliminates the exchange risk, assuming the exporter invoices in foreign currency? ______.A.Confirmed irrevocable documentary creditB.Open accountC.Documentary collection D/AD.None of the above
When() a documentary bill, our bank buys the bill and the documents for the face value less discount.A、we negotiatingB、negotiatedC、negotiatingD、we are negotiating
A reply card is ( ) with this invitation for your convenience.A、enclosedB、closedC、enteredD、covered
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.
Intheoutputofshowisisadjacency,whatarethreevaliditemsthatcanbedisplayedundertheattributesheader?() A.IStypeB.attachedC.overloadD.areaaddresses
Questions from 31 to 35 are based on the following passage: The exporter, as drawer of a draft (bill of exchange), hands the draft to his bank, the remitting bank, who in turn forwards it to the buyer through a collecting bank in the buyer’s country. A draft (also called a bill) is a written order to a bank or a customer to pay someone on demand or at a fixed time in the future a certain sum of money. If shipping documents accompany the draft, the collection is called “documentary collection.” Documentary collection falls into two major categories: one is documents against payment(D/P); the other, documents against acceptance (D/A). Documents against payment, as the term suggests, is that the collecting bank will only give the shipping documents representing the title to the goods on the condition that the buyer makes payment. Where the paying arrangement is D/A, the collecting bank will only give the buyer the shipping documents after buyer’s acceptance of the bill drawn on him, i.e. the buyer signs his name on the bill promising to pay the sum when it matures. In return he gets what he needs – the shipping documents. Under D/A, the seller gives up the title to the goods – shipping documents before he gets payment of the goods. Therefore, an exporter must think twice before he accepts such paying arrangement.The meaning of D/A is().A、documents against acceptanceB、documents against paymentC、delivery after paymentD、cash against payment
Questions from 31 to 35 are based on the following passage: The exporter, as drawer of a draft (bill of exchange), hands the draft to his bank, the remitting bank, who in turn forwards it to the buyer through a collecting bank in the buyer’s country. A draft (also called a bill) is a written order to a bank or a customer to pay someone on demand or at a fixed time in the future a certain sum of money. If shipping documents accompany the draft, the collection is called “documentary collection.” Documentary collection falls into two major categories: one is documents against payment(D/P); the other, documents against acceptance (D/A). Documents against payment, as the term suggests, is that the collecting bank will only give the shipping documents representing the title to the goods on the condition that the buyer makes payment. Where the paying arrangement is D/A, the collecting bank will only give the buyer the shipping documents after buyer’s acceptance of the bill drawn on him, i.e. the buyer signs his name on the bill promising to pay the sum when it matures. In return he gets what he needs – the shipping documents. Under D/A, the seller gives up the title to the goods – shipping documents before he gets payment of the goods. Therefore, an exporter must think twice before he accepts such paying arrangement.In a transaction, if payment is made by collection, then the remitting bank is always located in()A、Seller’s countryB、Buyer’s countryC、Either A or BD、None of the above
Questions from 31 to 35 are based on the following passage: The exporter, as drawer of a draft (bill of exchange), hands the draft to his bank, the remitting bank, who in turn forwards it to the buyer through a collecting bank in the buyer’s country. A draft (also called a bill) is a written order to a bank or a customer to pay someone on demand or at a fixed time in the future a certain sum of money. If shipping documents accompany the draft, the collection is called “documentary collection.” Documentary collection falls into two major categories: one is documents against payment(D/P); the other, documents against acceptance (D/A). Documents against payment, as the term suggests, is that the collecting bank will only give the shipping documents representing the title to the goods on the condition that the buyer makes payment. Where the paying arrangement is D/A, the collecting bank will only give the buyer the shipping documents after buyer’s acceptance of the bill drawn on him, i.e. the buyer signs his name on the bill promising to pay the sum when it matures. In return he gets what he needs – the shipping documents. Under D/A, the seller gives up the title to the goods – shipping documents before he gets payment of the goods. Therefore, an exporter must think twice before he accepts such paying arrangement.Under D/P , the importer can obtain the goods only by().A、showing the bill of ladingB、signing on the bill of exchangeC、paying in cashD、paying or accepting the bill of exchange
Questions from 31 to 35 are based on the following passage: The exporter, as drawer of a draft (bill of exchange), hands the draft to his bank, the remitting bank, who in turn forwards it to the buyer through a collecting bank in the buyer’s country. A draft (also called a bill) is a written order to a bank or a customer to pay someone on demand or at a fixed time in the future a certain sum of money. If shipping documents accompany the draft, the collection is called “documentary collection.” Documentary collection falls into two major categories: one is documents against payment(D/P); the other, documents against acceptance (D/A). Documents against payment, as the term suggests, is that the collecting bank will only give the shipping documents representing the title to the goods on the condition that the buyer makes payment. Where the paying arrangement is D/A, the collecting bank will only give the buyer the shipping documents after buyer’s acceptance of the bill drawn on him, i.e. the buyer signs his name on the bill promising to pay the sum when it matures. In return he gets what he needs – the shipping documents. Under D/A, the seller gives up the title to the goods – shipping documents before he gets payment of the goods. Therefore, an exporter must think twice before he accepts such paying arrangement.Under D/A , the importer can gets what he needs – the shipping documents only by().A、showing the bill of ladingB、paying in cashC、making acceptance of the bill of exchangeD、paying the bill of exchange
单选题Sir Denis, who is 78, has made it known that much of his collection ______ to the nation.Ahas leftBis to leaveCleavesDis to be left
多选题A documentary credit for usd 150,000 calls for a full set of bills of lading and an insurance certificate to cover all risks. The bill of lading presented indicates an on board date of 15 december. Which of the following insurance documents are acceptable?()APolicy for usd 185,000BCertificate dated 17 decemberCDeclaration signed by a brokerDSubject to a franchise
单选题Documentary Collection is to be made with the documents to be()to the draft.AenclosedBattachedCtogetherDalongwith