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
A bond is issued by a guarantor, usually a bank or an insurance company, on behalf of exporter. It is a guarantee to the buyer t
A bond is issued by a guarantor, usually a bank or an insurance company, on behalf of exporter. It is a guarantee to the buyer t
admin
2012-01-26
29
问题
A bond is issued by a guarantor, usually a bank or an insurance company, on behalf of exporter. It is a guarantee to the buyer that the exporter will fulfill his contractual obligations. If these obligations are not fulfilled, the guarantor undertakes to pay a sum of money to the buyer in compensation. This sum of money can be anything from 1% to 100% of the contract value.
If the bond is issued by a bank, then the exporter is asked to sign a counter indemnity which authorizes the bank to debit his account with any money paid out under the bond.
Bonds are usually serried in connection with overseas contracts, or with the supply of capital goods and services. When there is a buyer’s market, the provision of a bond can be made an essential condition for the granting of the contract. Middle Eastern countries commonly require bonds, but nowadays many other countries also require them. Most international aid agencies, such as the World Bank or the European Development Fund, and most government purchasing organizations in the developing world, now require bonds from sellers.
Under the bond terms in international business, if the exporter fails to fulfill its obligations, the compensation should be paid by ______.
选项
A、the importer’s bank
B、the exporter’s bank
C、the collecting bank
D、the negotiating bank
答案
B
解析
文章第一段提到If these obligations are not fulfilled,…to the buyer in compensation。如果一旦交易不能实现,那就由guarantor(担保人)来赔偿买家的损失。guarantor在文中指the exporter’s bank。
转载请注明原文地址:https://kaotiyun.com/show/E6id777K
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
Americanswithsmallfamiliesownasmallcaroralargeone.Ifbothparentsareworking,theyusuallyhavetwocars.Whenthe
I’mhungry.______mesomethingtoeat,please.
Mr.Blackwasyoungandable.Thebosslikedhim.LastmonthhewassenttoChinaonbusiness.BeforehewentbackfromChina,h
Peterusuallyplaysbasketballwithhisfriendafterschool.Peter______hisfriendusuallyplaybasketballtogetherafterschool
Ellenlefthomeearlyyesterdaybecauseatnineo’clockshewasgoingtostartworkatacompanyinthecity.Shewasonlyeigh
ThefollowingledgerbalancesareextractedfromthebooksofWhiteTradingCompanyasat31December2003:$Baddebts750Bank
(a)writeshortnotesonthefollowing:(i)CAMEL(ii)MarketRiskExposure(iii)STET(iv)CodeofBankingPractice
Explain:(a)Acceptanceofbillsofexchange.(b)Generalacceptance.(c)Qualifiedacceptance.
ABCCompanyisthebeneficiaryofaconfirmedirrevocableletterofcredit.______bank(s)willassurethecompanythatitwillb
A、Thetrustor,thebeneficiaryandthesettlorareprimarilythreeprincipalparties.B、Thetrustor,thebeneficiaryandthetru
随机试题
帕金森定律。
其诊断是服上方10天后,小便量多,腹胀减轻,但仍纳少便溏,神疲乏力,上方可加
SARS()甲肝()
A.Ca2+B.抗凝血酶ⅢC.血小板因子ⅢD.因子ⅫE.因子Ⅲ内源性激活途径的始动因子是
理想气体向真空作绝热膨胀,则()。
B股分红派息由上市公司董事会确定分红派息方案,提交股东大会审议。()
下列关于消费税纳税地点的表述中,正确的有()。
下列交易或事项会引起筹资活动现金流量发生变化的有()。
甲公司与乙饮料厂签订一份买卖纯净水的合同,约定提货时付款。甲公司提货时称公司出纳员突发急病,支票一时拿不出来,要求先提货,过两天再把货款送来,乙饮料厂拒绝了甲公司的要求。乙饮料厂行使的这种权利称为()。
[1]TosaythatthecityisacentralproblemofAmericanlifeissimplytoknowthatincreasinglythecitiesareAmericanlife;
最新回复
(
0
)