What will the buyer do if his bank buys the draft for him?A．He will open a letter of credit.B．He will repay the bank a short-term loan.C．He will buy back the draft.D．He will return the money to the seller. - 搜题匠

国际内部审计师(CIA考试)

题目

What will the buyer do if his bank buys the draft for him?

A．He will open a letter of credit.

B．He will repay the bank a short-term loan.

C．He will buy back the draft.

D．He will return the money to the seller.

如果没有搜索结果，请直接联系老师获取答案。

更多相关问题

相关问题 1：

听力原文： Some people dream of being President of the United States. Some dream of becoming stars in a Hollywood movie, and others of making millions of dollars overnight. But, could a dream like that come true in real life? Well, it did happen to Peter Johnson. Peter was an auto mechanic. One day, he walked into the Union Trust Bank in Baltimore and took 5,000 dollars that did not belong to him. The guards and other employees stood back and let him stuff the bills in his shirt and pants without trying to prevent him from taking the money. No one tripped an alarm. No one pulled a gun. No one called the police. Why did they allow him to get away with it?Well, everything was legal. Peter had won a contest promoted by a Baltimore radio station. The first prize entitled him to enter the Union Trust Bank and gather up as much money as he could lay his hands within five minutes. Because he could not bring any large bags or boxes into the bank, all the money had to be placed in his pockets.As the time went by, Peter ran about wildly, trying to pick up as many large bills as he could find. When his time was up, he was out of breath, but was ＄5,000 richer.Why did Peter go to the Union Trust bank?A．To withdraw his deposit.B．To cash a cheek.C．To get his prize.D．To rob the bank.

点击查看答案
相关问题 2：

What will a foreign seller do when he gets the letter of credit from the buyer?A．He will draw a bill of exchange on the buyer's bank.B．He will sell it and get money at once.C．He will make payable on demand.D．He will authorize the company to make the payment.

点击查看答案
相关问题 3：

How can the seller receive immediate payment if the draft is made payable on a future date?A．He can send the draft to the correspondent bank for immediate payment.B．He can present it to the bank against which it is drawn for payment.C．He can ask the buyer to pay the money.D．He can discount the draft at his bank and get money immediately.

点击查看答案
相关问题 4：

What will happen if a draft is stamped "accepted" by a bank?A．The bank will sell it as soon as possible to the buyer.B．The draft will become money market funds.C．Dealers will buy it in the domestic market.D．The draft becomes a banker's acceptance and will be sold in the money market.

点击查看答案
相关问题 5：

听力原文： Banker's acceptances are a very old form. of commercial credit. They provide, in essence, a method whereby a bank may add its good name and reputation to bills of a borrower, thereby making the bills much more marketable than it would otherwise be. Specifically, the mechanics of the operation typically, work like the following. Suppose that an American exporter sells wheat to a German importer. The terms of the sale are that the German importer will pay for the wheat ninety days after it is shipped. For a variety of reasons, however, the American firm may want its money now, and not want to wait the ninety days. If so, it may issue a draft on its bank ordering the bank to pay a stipulated sum of money to the holder of the draft ninety days from now. Along with the draft, the American exporter will send the appropriate documents showing that the wheat has actually been shipped. When the bank receives the draft, together, with the documentation, it stamps "accepted" across the face of it.27. What are banker's acceptances?28.Who is the drawee of the draft mentioned in the passage?29.What should be attached to the draft when it is presented for acceptance?30.How does the bank accept the draft?(27)A．They are drafts issued by a bank on another bank.B．They are a very old form. of commercial credit.C．They are exchange bills discounted by customers.D．They are checks cashed through the ATMs.

点击查看答案
相关问题 6：

While traveling abroad(在国外), Mr. Jackson Frank ran short of money. So he wrote to his brother, asking for $500. "Send the money by telegram," he wrote, "to the Fisher Bank in P…" After a week he began calling at the Fisher Bank. He showed his passport(护照). "Nothing has come for you," he was told. This went on for two weeks, and Mr. Frank got very worried. He sent a telegram to his brother, asking where the money was. There was no reply, and no money arrived for him.In the fourth week Mr. Frank was arrested for failing to pay hotel bill. His passport was taken from him. He tried to explain the problem, but no one believed him. He was sent to prison for sixty days. When he came out, he went immediately to the Fisher Bank. The Clerk(职员)he spoke to was a new man. "Have you received $500 for me?" he asked, "My name is Jackson Frank." The clerk checked his books. "Yes, Mr. Jackson, it's here. It came by telegram - let me see - oh, more than two months ago."We wondered where you were." He showed Mr. Frank the order. The order(汇单)read: "Pay Mr. Frank Jackson the sum of $500 …""But my name is Jackson Frank, not Frank Jackson.""Oh, that's all right, sir. It was in our books under the letter 'J', but it's your money."The clerk laughed. "A human mistake, sir! We're all human beings, aren't we? And so we all make mistakes. A family name like Frank sounds strange to me."Mr frank was silent. He really wanted to hit somebody. At last he said, "A human mistake - is that what you call it? I think some humans need kicking."1. Jackson didn't just go to his brother and get some money because _____.A. he was afraid to see his brotherB. he was in prison and was not allowed to go anywhereC. he was traveling in a foreign country and was far from his brotherD. he knew that his brother had no money2. A week after he had written to his brother, Jackson began _____.A. telephoning the bankB. visiting the bankC. shouting at the clerks of the bankD. explaining his problem to the clerks of the bank3. Jackson was arrested and sent to prison because _____.A. his brother hadn't sent him any money and he couldn't pay his hotel billB. he had spent almost all his money and couldn't pay his hotel billC. he had lost all his money and couldn't pay his hotel billD. his brother hadn't sent him as much money as he asked for and he couldn't pay his hotel bill4. Which of the following statements is true? _____A. The money did not reach the Fisher Bank.B. The money reached the wrong bank.C. The money reached the bank after he was arrested.D. The money reached the bank before he was arrested.5. The clerks put his name under the wrong letter _____.A. through carelessnessB. because they were human beingsC. because he had a strange nameD. by pronouncing his name incorrectly

点击查看答案
相关问题 7：

听力原文：Although banks are involved in documentary collection, they offer no bank guarantee to either the buyer or the seller.(10)A．Banks may guarantee the buyer or the seller in documentary collection.B．Banks act as agents without responsibility of guarantee on either side.C．Banks offer bank guarantee to both the buyer and the seller in documentary collection.D．Banks are only responsible for the buyer in documentary collection.

点击查看答案

相关内容