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提问人:网友jeeyoo 发布时间:2022-01-06
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听力原文:Back-to-Back credits consist of two entirely separate documentary credits, but on

听力原文: Back-to-Back credits consist of two entirely separate documentary credits, but one credit may act as security for the other. They apply in transactions when actual suppliers and ultimate buyers deal through a middleman. If the supplier insists on a documentary credit, the middleman may apply to his bank for a credit on his behalf. If the middleman's bank is satisfied with his creditworthiness, the bank will issue the credit in the normal way and no other formalities will apply. However, the "back-to-back" credit comes into use if the bank insists that the middleman obtain a documentary credit in his favor from the ultimate buyer as security for the "back-to-back" credit in favor of the actual supplier. Only the middleman and his banker know the "back-to-back" credit, and only they are concerned with credit.

25. What do the back-to-back credits consist of?

26.In which situation do the back-to-back credits apply?

27.In whose favor is the back-to-back credit issued.?

(25)

A.It consists of one commercial credit and one standby credit.

B.It consists of two entirely separate documentary credits.

C.It consists of a credit and some commercial documents.

D.It consists of a bill of exchange and a bill of lading.

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更多“听力原文:Back-to-Back credits consist of two entirely separate documentary credits, but on”相关的问题
第1题
True or False: Back-to-back L/C involves two L/Cs. ()
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第2题
背靠背(back-to-back)的专家调查法是指()。

A.Delphi法

B.FIDIC法

C.头脑风暴法

D.人月费单价法

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第3题
back-to-back credit
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第4题
听力原文:W: Hi, Larry, are you waiting to see Professor Jamason, too?M: Yah, since I got o

听力原文:W: Hi, Larry, are you waiting to see Professor Jamason, too?

M: Yah, since I got one of the five highest grades in her managerial economics class, she asked me if I'd be interested in working as her assistant next semester. I'm here now for my interview.

W: Oh, yes, I know all about that job. I did it two years ago.

M: Really? Did you like it?

W: I think it was file best job I've had at school. It paid eight dollars an hour, which was three dollars an hour more than I got working at the school post office the year before.

M: Wow! That is good salary. What did you do?

W: I was in charge of grading all the problem set that were assigned as homework. I never had trouble doing it, and of course, Prof. Jamason was always available to help me if I had any questions.

M: I think I'd enjoy doing that sort of work. It would be very good experience for anyone thinking about becoming a teacher.

W: Absolutely. You also learn how to use the computer data base, because the records are kept on it, and building up your computer skills is a good preparation for lots of jobs.

M: The job sounds great, but I'm a little worried about how much time it might take?

W: It's pretty reasonable. It never took me more than five hours a week to do the grading and then anoth cr thirty to forty minutes to record the grades on the computer.

M: That sounds managable. I guess you can do the work when it fits into your own schedule, too, can't you?

W: Oh, yah, you can do the grading in your room or in the library. You just need to get each set back for the next class, but that means you always have at least two days and sometimes four.

M: It sounds great.

W: Good luck with your interview.

(23)

A.She is protessor Jamason's daughter

B.She works part-time as Professor Jamason's secretary.

C.She used to do the job herseff.

D.She just came out of an interview for the job.

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第5题
A credit amount under special terms contained therein may be renewed or reinstated without specific
amendments to the credit being required, such credit is called:

(1)( ) Transferable credit.

(2)( ) Back-to-Back credit.

(3)( ) Unconfirmed Irrevocable credit.

(4)( ) Revolving credit.

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第6题
The beneficiary of a credit wishes to use it as the means of payment to obtain funds to meet the pro
ceeds required by the actual supplier's goods. Which of the following documentary credits could the Issuing Bank issue to meet the beneficiary's needs?

(1)( ) Transferable

(2)( ) Back-to-Back

(3)( ) Standby

(4)( ) Revolving

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第7题
There is a fundamental distinction between a Back-to-Back credit and a Transferable Credit which is
as follows:

(1)( ) The former original credit is in the name of original Irrevocable credit and the latter original credit is in the name of original Transferable Irrevocable Credit.

(2)( ) In Back-to-Back credit operation, the original Irrevocable credit and the Back-to-Back credit are two wholly independent credits with wholly independent issuing bank undertakings.

The Transferred credit derives not only its existence from the original Transferable credit, but also its utilization.

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第8题
Which can be used to settle middleman trade? ()

A、A reciprocal L/C

B、B transferable L/C

C、C back-to-back L/C

D、D red clause L/C

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第9题
听力原文:The author is a/an _____.(8)A.American.B.English.C.Japanese.D.Chinese.

听力原文:The author is a/an _____.

(8)

A.American.

B.English.

C.Japanese.

D.Chinese.

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第10题
听力原文:Good afternoon,teacher.(7)A.Good afternoon, everyone.B.Hi.C.Good morning.

听力原文:Good afternoon,teacher.

(7)

A.Good afternoon, everyone.

B.Hi.

C.Good morning.

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