首页
登录
职称英语
The credit created for international settlement among banks not only provide
The credit created for international settlement among banks not only provide
游客
2025-06-19
23
管理
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. [br] The word "credit" in the first line of the passage relies to;
选项
A、loan
B、trust
C、B/L
D、L/C
答案
D
解析
credit与信用证有关,B/L是bill of loading的缩写,即提单。L/C是letter of credit的缩写。
转载请注明原文地址:http://tihaiku.com/zcyy/4125528.html
相关试题推荐
Foreignexchangemarketsprovideservicesforinternationalinvestorsorfinanci
OnNovember17,2008,STANDARDCHARTEREDBANK,HongKongsendsaCreditAdvicet
CreditcardsareanimportantpartofAmericanlife.Whetherwehaveaposit
CreditcardsareanimportantpartofAmericanlife.Whetherwehaveaposit
Theforwardmarketalsoprovidesfacilitiesforforwardcurrencytransaction
Theforwardmarketalsoprovidesfacilitiesforforwardcurrencytransaction
Theforwardmarketalsoprovidesfacilitiesforforwardcurrencytransaction
Bankswithlargeinternationalcreditslimittheirconcentrationsofloansi
Bankswithlargeinternationalcreditslimittheirconcentrationsofloansi
Bankswithlargeinternationalcreditslimittheirconcentrationsofloansi
随机试题
Whatwillbetheimpactofaglobalcomputernetworkonculturalforms?The
DNS服务器中提供了多种资源记录,其中( )定义了区域的邮件服务器及其优先级。
Ⅰ型变态反应中,特异性IgE抗体吸附在A.浆细胞嗜碱细胞 B.浆细胞嗜酸细胞
某市承办国际服装节,需要开发网站进行宣传。系统集成企业M公司中标 站开发项目。
在一次力量训练课中,为了使各部位肌肉都得到有效发挥,合理的练习顺序是()。A.先
有限合伙企业的设立应具备()。A.1名有限合伙人设立,1名普通合伙人 B.1
正常粪便中水分约占A.1/4 B.1/2 C.3/4 D.1/3 E.1
某妇女,40岁,入院行经腹腔镜绝育术,术前护士发现以下哪种情况,应及时通知医生,
(2017年真题)在《中华人民共和国担保法》规定的法定范围内,实现债权费用一般包
假定某人持A公司的优先股,每年可获得优先股股利3000元,若年利率为5%,则该优
最新回复
(
0
)