What is a documentary letter of credit?
A conditional bank undertaking to pay an exporter on production of stipulated documentation.
B. A method of lending against documentary security.
C. An international trade settlement system biased in favor of importers.
D. All of the above.
查看答案
W: You are right. I find the comparison of financial statements between one year and the next, particularly helpful in understanding a company's performance.
Q: What are they talking about?
(16)
A. The performance of a company.
B. The financial statements.
C. The detailed information.
D. An extensive annual report.
听力原文: The importer will require a full set of bills of lading in order to obtain the goods from overseas port. The bills of lading can only be obtained by payment of the bill of exchange (D/P) , or by acceptance (D/A). Therefore, the importer cannot obtain the goods without paying or accepting the bill of exchange, and conversely an exporter retains control of the goods until payment or acceptance of bill of exchange. When goods are sent by air, the airway bill could show the importer's bank as consignee. Once again the importer must pay or accept a bill of exchange to be able to obtain the goods. Once the importer has paid or accepted the bill of exchange, the importer's bank will issue a delivery order. The delivery order is an authority, signed on behalf of the bank, authorizing the airport to release the goods to the named importer.
27. What will the importer require to obtain the goods from oversea port?
28.What's the meaning of D/P?
29.How can he importer obtain the goods ?
30.When goods are sent by air, who can issue a delivery order to release the goods?
(27)
A. bill of lading
B. documentary letter
C. letter of credit
D. insurance document
听力原文:They will write to their home office to waive their claim.
(6)
A. They will write to their home.
B. They will write to their headquarter.
C. They will ask for their rights.
D. They will wait for an officer.
Insurance policies usually contain a (56) clause that excludes a fixed amount of the loss from (57) Casualty insurance policies frequently contain a coinsurance clause in the contract. A coinsurance clause provides that the insurance company shall be liable (58) only a portion of any loss (59) by the insured unless the insured carries insurance which totals a certain percent, frequently 80-90 percent of the fair value of the asset. In the (60) of a loss, the insured recovers from the insurance company that portion of the loss which the face of the insurance policy bears to the amount of insurance that should be carried as required by the coinsurance clause.
(41)
A. deductible
B. exemptible
C. expectable
D. escapable