首页
登录
职称英语
[originaltext] Back-to-Back credits consist of two entirely separate documen
[originaltext] Back-to-Back credits consist of two entirely separate documen
游客
2025-06-20
26
管理
问题
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.?
选项
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.
答案
B
解析
录音原文提到“Back-to-Back”credits consist of two entirely separate documentary credits,…背对背信用证由两个完全不相关的信用证组成。
转载请注明原文地址:http://tihaiku.com/zcyy/4126486.html
相关试题推荐
Thedocumentarycollectionprovidesthesellerwithagreaterdegreeofprotecti
Foreignexchangedealingconsistsoftwobasicfunctions:______.A、dealinguponc
[originaltext]Whenthewords"withoutrecourse"orwordswithsimilarmeani
[originaltext]Adebitcardisaplasticcardenablingthecardholdertopur
[originaltext]Adebitcardisaplasticcardenablingthecardholdertopur
[originaltext]Adebitcardisaplasticcardenablingthecardholdertopur
[originaltext]Adebitcardisaplasticcardenablingthecardholdertopur
[originaltext]M:I’mbusypreparingfinancialstatementsbecausemybossrequir
[originaltext]M:I’mbusypreparingfinancialstatementsbecausemybossrequir
[originaltext]M:I’mbusypreparingfinancialstatementsbecausemybossrequir
随机试题
China’s______culturalheritageshouldbebetterprotectedthroughincreasedeff
Forthispart,youareallowed30minutestowriteanessaycommentingonth
Roadrage,officerage,andevenrelationshipragearefamiliartous.But
Lookatanatlas.Howaremountainsshown?Wherearethehighestmountains?A
试述邓小平建设有中国特色社会主义理论首要的基本理论问题及意义。
如图,①表示有酶催化的反应曲线,②表示没有酶催化的反应曲线,E表示酶降低的活化能
仪表设备由温度低于-5℃的环境移入保温库时,应在库内放置( )后再开箱。 A
下列做法中,不能提高审计程序的不可预见性的是()。A.针对销售收入和销售退回延
关于投资回收期指标优缺点的说法,正确的有()。A.投资回收期考虑时间价值,计算比
国有资金投资的工程建设项目实行工程量清单招标,并应编制()。 A.
最新回复
(
0
)