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A.The German importer.B.The American exporter.C.The exporter's bank.D.Any bank.

A. The German importer.
B. The American exporter.
C. The exporter's bank.
D. Any bank.

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听力原文: Banker's acceptances are a very old form. of commercial credit. They provide, in essence, a method whereby a bank may add its good name and reputation to bills of a borrower, thereby making the bills much more marketable than it would otherwise be. Specifically, the mechanics of the operation typically, work like the following. Suppose that an American exporter sells wheat to a German importer. The terms of the sale are that the German importer will pay for the wheat ninety days after it is shipped. For a variety of reasons, however, the American firm may want its money now, and not want to wait the ninety days. If so, it may issue a draft on its bank ordering the bank to pay a stipulated sum of money to the holder of the draft ninety days from now. Along with the draft, the American exporter will send the appropriate documents showing that the wheat has actually been shipped. When the bank receives the draft, together, with the documentation, it stamps "accepted" across the face of it.
27. What are banker's acceptances?
28.Who is the drawee of the draft mentioned in the passage?
29.What should be attached to the draft when it is presented for acceptance?
30.How does the bank accept the draft?
(27)

A. They are drafts issued by a bank on another bank.
B. They are a very old form. of commercial credit.
C. They are exchange bills discounted by customers.
D. They are checks cashed through the ATMs.

According to the passage, children would arouse parents' disappointment for

A. admiring their friends' homes.
B. talking back to their parents.
C. complaining home-made dishes.
D. making some spiteful remark.

A lot of cases of age discrimination are not found because

A. age discrimination law was just introduced recently.
B. other discriminated groups don't sue except the whites.
C. age discrimination cases are in large quantity and it is difficult to detect all of them.
D. many discriminated people don't sue and costs of a lawsuit outweigh potential benefits.

The underlying purpose of accounting is to provide ______ for decision making about an economic entity.

A. commercial information
B. financial information
C. cash position
D. income distribution

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