A bond is issued by a guarantor，usually

练习题库2022-08-02 65

问题 A bond is issued by a guarantor，usually fl bank or an insurance company， on behalf of an 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 l% to 100%of the contract value.　　If the bond is issued by a bank，then 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 required 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 bonds. 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. [中国工商银行真题] Bonds are commonly used in the Middle East area. So（　　）.A.the Middle East banks often issue bondsB.the Middle East exporters often demand bondsC.the Middle East insurance companies often issue bondsD.none of the above three is correct

选项 A.the Middle East banks often issue bonds
B.the Middle East exporters often demand bonds
C.the Middle East insurance companies often issue bonds
D.none of the above three is correct

答案 D

解析 ABC三项文中均没有涉及，故选D项。

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A bond is issued by a guarantor，usually

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