Section One Directions: In this section, you will hear ten short statements. Each statement will be spoken only once. After each statement, there will be a pause. During the pause, you must read the four suggested answers marked A, B, C and D, and decide which is the best answer. Then mark the corresponding letter on the ANSWER SHEET with a single line through the center.
A. The bank makes profits only from its own money.
B. The bank makes profits from not only the deposits but also its own money.
C. The bank has special obligation to make profits.
D. The bank makes profits by having special obligations to depositors.
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Passage Two
A. 3 months
B. 5 months
C. from 3 months to 5 yeas
D. 5 years
Passage Three
A. Law.
B. The drawee.
C. The payee.
D. The issuer.
Passage Three
A. a security signed by the issuer who promises to pay
B. a security issued by the creditor who instructing the debtor to pay
C. a security issued by the bank who promises to pay
D. none of the above
Directions: There are 10 blanks in the following passages. For each blank, there are four choices marked A, B, C and D. You are supposed to choose the best answer and mark the corresponding letter on the ANSWER SHEET by drawing a single line through the center.Passage One Banks are subject to various forms of legal risk, including inadequate or incorrect (56) advice or documentation that may result in unexpected decline in the value of (57) or unexpected increase in the value of liabilities. In addition, existing laws may (58) resolve legal issues involving a bank; a court case involving a (59) bank may have wider implications for banking business and involve costs to it and many or all other banks; and, laws (60) banks or other commercial enterprises may change. Banks are particularly susceptible to legal risks when entering new types of transactions and when the legal right of a counterpart to enter into a transaction is not established.
A. enduring
B. effecting
C. affecting
D. infecting