Banks are usually prepared to make long-term loans to investors.
A. Right
B. Wrong
C. Doesn't say
查看答案
A clean credit is one which ______.
A. calls for no presentation of it
B. is used instead of first demand guarantee
C. is used without presentation of any documents
D. is the same as an unconditional first demand guarantee
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.
What will the buyer do if his bank buys the draft for him？
A. He will open a letter of credit.
B. He will repay the bank a short-term loan.
C. He will buy back the draft.
D. He will return the money to the seller.
The best title for the passage can he ______.
A. What Are Futures Used for
B. Who Are the Arbitrageurs, Speculators and Hedgers
C. How to Hedge Risks
D. How to Trade in Futures Market
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