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
18
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:https://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
SanDiegoStateUniversity(SDSU)isanidealplacetobeginyourinternation
Apenguin—thatblackandwhitebirdcameashoreonabeachinthesouthoft
公募基金会每年用于从事章程规定的公益事业支出,不得低于上一年度总收入的()。A
根据我国《疫苗流通和预防接种管理条例》,下列说法正确的有 A.预防接种异常
氨茶碱平喘作用的主要机制是A.激活腺苷酸环化活性 B.激活磷酸二酯酶活性 C
劳动者在同一用人单位连续工作满()年以上,当事人双方同意续延劳动合同的,如
在教育研究的定量分析中,完全正相关的相关系数是A.0.01 B.0.05
弘扬科学家精神与学风建设 【背景链接】 2019年6月,中办、国办正
张某取得建造师资格证书并注册后,以建造师名义从事的工作可以包括()。A.作为企业
(2020年真题)某依法必须进行招标的项目,招标人拟定于2020年11月1日开始
最新回复
(
0
)