单选题

A、 If you don"t negotiate your L/C in time, that will bring shame on you.
B、 If you don"t negotiate your L/C in time, the bank will refuse to pay you.
C、 You must negotiate with the bank in time, or you cannot get money.
D、 You must negotiate with the bank in time, or you cannot keep good credit.

【正确答案】 B

【答案解析】[解析]
You must negotiate your L/C in time, otherwise the bank will dishonour you.

A、 The issuing bank will send the bill of lading and the L/C to the advising bank.
B、 The issuing bank will notify the advising bank of the bill of lading and the L/Ｃ.
C、 The advising bank will reimburse the bill of lading and the L/Ｃ.
D、 The issuing bank will reimburse the bill of lading and the L/Ｃ.

【正确答案】 D

【答案解析】[解析]
The advising bank will send file bill of lading and the L/C back to the issuing bank to get reimbursed.

A、 It is essential for the exporter to make sure that the contract conforms with the L/C.
B、 Some exporters will make use of the discrepancy of the L/C to cheat in the transaction.
C、 It is essential for the buyer to be careful about the agreement of the L/C and the contract.
D、 There is a tendency that some exporters deliberately cheat in the transaction.

【正确答案】 A

【答案解析】[解析]
There is a tendency that some buyers deliberately make use of the discrepancy of the L/C to cheat in the transaction, so the exporter must be very careful about the agreement of the L/C and the contract.

A、 Some enterprises are not wise enough to get loans because they are not creditworthy.
B、 Some enterprises are not creditworthy, so they fail to get loans from banks.
C、 Some banks are not wise because they grant loans to some unworthy enterprises.
D、 Some banks should first find whether some enterprises are creditworthy before granting loans to them.

【正确答案】 D

【答案解析】[解析]
It is unwise for some banks to grant loans to some enterprises without first finding whether they are creditworthy.

A、 The importer should take the contract to the bank if he wants to apply for a L/Ｃ.
B、 The applicant, usually the exporter takes the contract to the bank to apply for a L/Ｃ.
C、 When applying for a L/C from a bank, the applicant may not have the contract.
D、 The applicant may take the contract to the bank after having applied for a L/Ｃ.

【正确答案】 A

【答案解析】[解析]
When applying for a L/C from a bank, the applicant, usually the importer, takes the contract to its hank.