Before issuing a credit, what must the bank make certain?
第1题
Before issuing a credit, it is important for the issuing bank______.
A.to go through the contract terms
B.to make certain of the importer's creditworthiness
C.to have a thorough understanding of the exporter
D.all of the above
第2题
A.advising bank
B.issuing bank
C.applicant
D.negotiating bank
第3题
第4题
(1)( ) The issuing bank may cancel the L/C anytime.
(2)( ) The issuing bank should seek permission from the advising bank.
(3)( ) The issuing bank must recall the L/C from the advising bank.
(4)( ) The issuing bank must obtain the consent of the beneficiary.
第5题
第6题
第7题
The( ) bank should ensure that the seller's documents are drawn up in accordance with the credit terms before such documents are paid for and forwarded to the( ) bank for final reimbursement.
A. issuing.., negotiating B. advising.., paying
C. negotiating.., issuing D. paying.., advising
第8题
W: Don't worry, Sir. But I need some detailed information before I contact your issuing bank.
Q: What did the man lost?
(17)
A.Credit card.
B.Passport.
C.Traveler's cheques.
D.I.D.card.
第9题
The differences between a bill and a cheque are as follows:
Bill
(1)The drawee may be any person.
(2)There are four kinds of tenor for the bills.
(3)After acceptance the acceptor is primarily liable for payment.
(4)Before issuing a bill, the drawer may not open an account with drawee.
(5)A bill other than a banker's demand draft or stipulation in Article 5 of Cheque Act cannot be crossed.
(6) Acceptance made by acceptor is irrevocable.
(7)A bill can be drawn in a set.
Cheque
(1)The drawee must be a ______.
(2)The tenor is merely payable ______.
(3)The ______ is always primarily liable for payment.
(4)Before issuing a cheque, the drawer must be a customer who has opened an ______ with the paying bank and ______ money in the account.
(5)A cheque can be ______.
(6)Duty and authority of paying bank to pay a cheque may be terminated by ______.
(7)A cheque cannot be drawn in a ______.
第10题
The differences between a bill and a cheque are as follows:
Bill
(1)The drawee may be any person.
(2)There are four kinds of tenor for the bills.
(3)After acceptance the acceptor is primarily liable for payment.
(4)Before issuing a bill, the drawer may not open an account with drawee.
(5)A bill other than a banker's demand draft or stipulation in Article 5 of Cheque Act cannot be crossed.
(6) Acceptance made by acceptor is irrevocable.
(7)A bill can be drawn in a set.
Cheque
(1)The drawee must be a ______.
(2)The tenor is merely payable ______.
(3)The ______ is always primarily liable for payment.
(4)Before issuing a cheque, the drawer must be a customer who has opened an ______ with the paying bank and ______ money in the account.
(5)A cheque can be ______.
(6)Duty and authority of paying bank to pay a cheque may be terminated by ______.
(7)A cheque cannot be drawn in a ______.
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