In the case of documents payable at sight the presenting bank must make presentation for payment without delay.A对B错

In the case of documents payable at sight the presenting bank must make presentation for payment without delay.

A

B


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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.

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.

How can the seller receive immediate payment if the draft is made payable on a future date?A.He can send the draft to the correspondent bank for immediate payment.B.He can present it to the bank against which it is drawn for payment.C.He can ask the buyer to pay the money.D.He can discount the draft at his bank and get money immediately.

听力原文:M: Could your company accept bills of exchange payable 30 days after sight?W: No, we don't accept any draft; instead, we usually make payment at sight.Q: What can we infer from the conversation?(19)A.The man will probably wait for the payment for 30 days.B.The man can get his payment right away.C.The man will send an order to the company.D.The woman will not pay the man at sight.

As for a collection, the presenting bank makes presentation to the drawer for acceptance/payment.A.RightB.WrongC.Doesn't say

90% of the credit amount must be paid () the presentation of documents.A、atB、byC、againstD、when

Method of payment shall be () the Irrevocable L/C payable()sight ()U.S. Currency.A、with, at, byB、by, on, withC、on, by, withD、by, at, in

The letter of credit is to be established through the Bank of China, payable _______ draft drawn at 30 days’ sight. A.fromB.byC.forD.to

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.

If the instructions are D/P the importer’s bank will release the documents to the importer only against payment.A对B错

In the case of MT,the remitting bank issues a draft to its customer,and directs its foreign branch or correspondent by mail to make the payment to the beneficiary.A对B错

In the case of documents payable at sight the presenting bank must make presentation for payment without delay.

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

If the instructions are D/P the importer’s bank will release the documents to the importer only against payment.

In the case of MT,the remitting bank issues a draft to its customer,and directs its foreign branch or correspondent by mail to make the payment to the beneficiary.

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

() has the first responsibility to make payment for the seller with the L/C payment.A、Advising bankB、Accepting bankC、Negotiating bankD、Issuing bank

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

The collecting bank may release the documents against the buyer’s acceptance of a sight draft on documents against acceptance basis. ()

for payment. we require an irrevocable L/C ______sight against presentation of full set of documents to the negotiating bank here.A、at,B、afterC、onD、by

单选题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()ASeller’s countryBBuyer’s countryCEither A or BDNone of the above

判断题The collecting bank may release the documents against the buyer’s acceptance of a sight draft on documents against acceptance basis. ()A对B错

单选题We usually accept payment by irrevocable L/C payable()shipping documents。AamongBbetweenCagainstDabout

单选题for payment. we require an irrevocable L/C ______sight against presentation of full set of documents to the negotiating bank here.Aat,BafterConDby

单选题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().Adocuments against acceptanceBdocuments against paymentCdelivery after paymentDcash against payment

判断题In the case of MT,the remitting bank issues a draft to its customer,and directs its foreign branch or correspondent by mail to make the payment to the beneficiary.A对B错

判断题In the case of documents payable at sight the presenting bank must make presentation for payment without delay.A对B错