首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
The credit created for international settlement among banks not only provides a sense of security for the traders involved, but
The credit created for international settlement among banks not only provides a sense of security for the traders involved, but
admin
2012-01-26
84
问题
The credit created for international settlement among banks not only provides a sense of security for the traders involved, but also a reliable source of finance for foreign trade where required. The credit created, in general, favors the exporter. In order to reduce the possible risk, the exporter usually insists on the buyer establishing a credit in his favor before shipment is unloaded.
There are generally several types of credits. A "confirmed credit" guarantees payment to the beneficiary, provided that the credit terms and conditions are met and the standing of the advising bank in the beneficiary’s country is sound. A "revocable credit" may be cancelled at any time up to the moment the advising bank pays. This type of credit is the least favorable to the exporter. There is a risk that the goods may be shipped, and the credit revoked before documents are presented to the advising bank. An "irrevocable credit" may not be cancelled or even amended without the consent of all the parties involved. This type of credit guarantees that no single party will revoke the contract already signed.
With the credit arrangement, the issuing bank agrees to pay the advising bank, and the advising bank pays the exporter according to the terms of the documents which appear to fulfill the conditions of the credit. Banks, however, are not bound by, and therefore, not concerned with the underlying sales contract on which the credit requirements are based. As long as the documents are in good order and there are no apparent problems with the process, the buyer is still responsible for payment to the issuing bank although the goods received may be of inferior quality to those ordered.
Who is not responsible for payment of L/C?
选项
A、advising bank
B、confirming bank
C、buyer
D、issuing bank
答案
B
解析
文章最后一段提到the issuing bank agrees to…to fulfill the conditions of the credit, the buyer is still responsible for payment to the issuing bank.由此可知只有confirming bank不需要负责任。
转载请注明原文地址:https://kaotiyun.com/show/16id777K
本试题收录于:
FECT综合(现代金融业务)题库金融英语(FECT)分类
0
FECT综合(现代金融业务)
金融英语(FECT)
相关试题推荐
Idon’tthinkmathisasinterestingasEnglish.Ithinkmathis______English.
Mr.Reeceisinterestingoldman.Mr.Reeceworked【C1】______afarm.Heandhiswife【C2】______alotofthingsandtheyhadsomec
I’mhungry.______mesomethingtoeat,please.
Mr.Reeceisinterestingoldman.Mr.Reeceworked【C1】______afarm.Heandhiswife【C2】______alotofthingsandtheyhadsomec
Abusinessmanboughtsomegoodsatamarketinthemorningandsetoutatonceforhomewithallhisbags,forhewishedtobei
[A]park[B]radio[C]watch[D]library[E]telephone[F]postoffice[G]supermarketPeopletalktotheirfriendsfarawayoverit.
NarberthLibraryoffersyoupleasurereadingandagreatnumberofinformationservices.TheLibrarywasbuiltin1921byamemb
Whoaretheholdersofbillsofexchange,listtwoofthem.
(a)Whatisahomerinduecourse?(b)Whatrightsdoesaholderinduecourseenjoy?
随机试题
基金业绩分组比较的基本思路是,通过恰当的分组,尽可能地消除由于()而对基金经理人相对业绩所造成的不利影响。
发动机冷却系可分为_______和_______两大类。冷却液工作温度一般为_______℃。
竹茹清胃热,止呕吐可与下列哪一种药同用
已知某一元弱酸的浓度为0.010mol.L–1,pH=4.55,则其电离常数Ka为()。
L/C的装运期是对()的规定。
Apubliccompetitionisheldlastyearinasmalltownin【M1】______Scotlandtofindoutwhocouldeatmostintheshortesttime
新民主主义革命理论在近代中国革命的实践中应运而生,它的形成包含了对旧民主主义革命失败教训的深刻总结。鸦片战争以来,为了挽救空前深重的民族危机和社会危机,无数仁人志士不屈不挠、前仆后继,进行了英勇斗争,但终究未能改变旧中国的社会性质和中国人民的悲惨命运。旧民
TheGreatestShowonEarthTheOlympicGamesarethegreatestfestivalofsportintheworld.Everyfouryears,ahundredor
A--letterofintroductionB--masstourismC--ink-and-washpaintingD--travelagencyE--hospitalityindustryF--ma
Copernicus(哥白尼)discoveredanimportant(true)______whenhelearntthattheearthmovesroundthesun.
最新回复
(
0
)