國際結(jié)算練習(xí)一

國際結(jié)算練習(xí)題(一)PracticesforInternationalsettlementChoose the true answer of the following sentences.(1).Abillshows:PaytoABCCo.thesumoftenthousandUSdollarsonconditionthatshipmentofthegoodshasbeenmade.( )(A)acceptable(B)unacceptable(2).drawerpayeethefirsttransfereethesecondtransferee billBillasgiftNegotiatedtogoodsD P C E A(drawee)billBillasgiftNegotiatedtogoodsC ( )isa(A)holderinduecourse(B)holderforvalue(C)holderA holderofacrossedchequewantstogetpaymentbycashthroughpresentingitatthecounterofpayingbank.( )(A)yes (B)noDraftiscorrectlyendorsedifnecessary.Draft( )bearrestrictiveendorsement“recourse”should (B)shouldnotThepersonpayingthemoneyisa( )of the check.payee (B)endorser(C)drawer (D)endorserAcheckisvalidfor( )monthsfromthedateofissue.Unlessashorterperiodiswrittenonthefaceofit.six (B)nine (c)three (D)oneIfacheckisdatedFeb.2001waspresentedontheNov.2000,itwouldbe ( )pre-dated(B)outofdate(C)postdated(D)undatedIfacheckisdatedFeb.2001waspresentedontheNov.2001,itwouldbe ( )(A)pre-dated(B)outofdate(C)postdated(D)undatedTheeffectofablankendorsementistomakethecheckpayabletothe( )orderofaspecifiedperson (B)specifiedperson(C)bearer (D)namedpersonBanksusuallyaskforendorsementwhenchecksinfavorof( )payeearecreditedtoa( account.(A)joint,joint (B)joint,sole (C)bearer (D)sole,joint“PayeeJamesSmithendorsedJamesSmithpaytoL.Thisisa( )endorsementspecific (B)blank (C)general (D)restrictiveIfabillispayable“60daysafterthedateofpaymentisdecidedaccordingto( )(A)thedateofacceptance (B)thedateof(C)thedateofthebill (D)thedateofmaturityA( )carriescomparativelylittlerisksandcanbediscountedatthefinestrateofinterest.(A)sightbill (B)bankbill (C)commercialbill(D)tradebillAtermbillmaybeacceptedbythe( )(A)drawer (B)drawee(C)holder(D)payeeThepartytowhomthebillisaddressediscalledthe( )(A)drawer(B)drawee (C)holder(D)payeeWhenfinancingiswithoutrecourse,thismeansthatthebankhasnorecoursetothe( )suchdraftsaredishonored.Onlybyendorsementcantheinterestinthebillbetransferredby( )(A)drawer(B)drawee (C)holder(D)anypersontothebillApromissorynoteis“inchoate”untilithasbeendeliveredtothe( )(A)payerorbearer (B)payeeordrawee(C)payeeorbearer(D)holderordrawerThe( )ofapromissorynotehasprimeliabilitywhiletheotherpartieshavesecondaryliabilities(A)holder(B)drawee (C)maker (D)acceptorAnacceptancewiththewording“payableondeliveryofbillofis( )(A)ageneralacceptance (B)qualifiedacceptance(C)nonacceptance (D)partialacceptance( )mustbeacceptedbythedraweebeforepayment(A)Asightbill(B)Abillpayablexxdaysaftersight(C)Apromissorynote (D)AbillpayablexxdaysafterdateA(n)( )isafinancialdocument(A) billofexchange (B)billoflading (C)insurancepolicy(D)commercialinvoiceInordertoretaintheliabilitiesoftheotherparties,abillthathasbeendishonoredbe( )protested(B)giventotheacceptor(C)retainedinthefile (D)presentedtotheadvisingbankPleasefilltheblanksofthefollowingsentences.Abillispayableatseveraldaysaftersight.Whatdateisthedayfromwhichtimeofpaymentbeginsto Abillispayableatseveraldaysafterdate.Whatdateisthedayfromwhichtimeofpaymentbeginsto Thematurityofadraftisonemonthafter31Jan.It.Orderofliabilityafteracceptanceisasfollows: takesprimaryliabilityforpayment. takessecondliabilityforpayment.ThedifferencesbetweenabillandanoteareasfollowsAbillisanunconditionalordertopay. Anoteisanunconditional toAbillhasthreebasicparties. Anotehas .ThedifferencesbetweenabillandachequeareasfollowsThedraweeofabillmaybeanyperson. Thedraweeofachequemustbe Therearefourkindsoftenorforthebills.Thetenorismerelypayable Abillcanbedrawninaset. Achequecannotbedrawnina .Remittancethroughabankfromonecountry toanothermayusuallybe madebyoneoffollowingmethods:2 3 .Financialdocumentsmean ,promissorynoteandcheque.Commercialdocumentmean ,transportdocumentandinsurancedocument. accountmeansyouraccount.Controldocumentarelistsof and 3、DecidewhetherthefollowingstatementaretrueorfalseInapromissorynote,thedrawerandthepayerarethesameperson.( )Apromissorynoteisanunconditionalorderinwriting.( )Thereisnoacceptorinapromissorynote.( )Abankdraftisacheckdrawnbyonebankonanother.( )Atradebillisusuallyadocumentarybill. ( )Theinterestinthebillofexchangecanonlybetransferredbyendorsement.( )Anendorserofabillisliableonittosubsequentendorsersasholdersofthe( )thepersonwhodrawsthebilliscalledthedrawer.( )Billsofexchangedrawnbyandacceptedcommercialfirmsareknownasbills.(t )Tradebillsareusuallydocumentarybills.( )Endorsementsareneededwhenchecksinfavorofasolepayeearecreditedtojointedaccount.( )Anopencheckcanbepaidintoabankaccount.( )Anopencheckcanbecashedoverthecounter.( )Acrossedcheckcanbecashedoverthecounter.( )Thepaymentofacheckcannotdependuponcertainconditionsbeing(t )Inacheck,thedrawerandthepayerarethesameperson.( )Ifacheckispresentedundated,thepayeecaninsertadate( )Adraftisaconditionalorderinwriting.( )Ifabillispayable“at30daysafterdate”,thedateofpaymentisdecidedaccordingtothedateofacceptance.Abillpayable“at90daysaftersight”isasightbill.( )4.Drawabillofexchangeaccordingtotherequisiteitemsas