题目内容

Standby letters of credit are relatives of documentary letters of credit because ______.

A. they are very similar to ordinary letters of credit in operation
B. the issuing banks undertake to pay
C. they are normally accompanied by evidences of transactions such as non-negotiable copies of B/L or other documents
D. they call for all kinds of normal documents

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What gives rise to the bankers' acceptances？

A. The money markets.
B. The banks.
C. The international trade.
D. The buying and selling of goods.

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Banks are usually prepared to make long-term loans to investors.

A. Right
B. Wrong
C. Doesn't say

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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

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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.

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Standby letters of credit are relatives of documentary letters of credit because ______.

A. they are very similar to ordinary letters of credit in operation B. the issuing banks undertake to pay C. they are normally accompanied by evidences of transactions such as non-negotiable copies of B/L or other documents D. they call for all kinds of normal documents

What gives rise to the bankers' acceptances？

Banks are usually prepared to make long-term loans to investors.

A clean credit is one which ______.

What will a foreign seller do when he gets the letter of credit from the buyer？

A. they are very similar to ordinary letters of credit in operation
B. the issuing banks undertake to pay
C. they are normally accompanied by evidences of transactions such as non-negotiable copies of B/L or other documents
D. they call for all kinds of normal documents