填空题The commercial bank is subject to the risk-based capital guidelines issued by central bank or monetary authority according to the Basle Accord.

填空题Required, honour, dispatched, resulted, received, irrevocable, release, declared, prepared, handed Goods should not be (21) direct to address of a bank or consigned to a bank without prior agreement on the part of that bank. In the event of goods being dispatched direct to the address of a bank or consigned to a bank for delivery to a drawee against payment or acceptance or upon other terms without prior agreement on the part of that bank, the bank has no obligation to take delivery of the goods, which remain at the risk and responsibility of the party dispatching the goods. In practice, great careis (22) when goods ale consigned to the bank as large losses have (23) from incorrect procedures being followed. Quite often, goods consigned to the bank will arrive by air before the supporting documents have been (24) . At this stage we will have little indication of the value of the collection other than the (25) value of the goods for customs purposes. It is therefore important that a letter of (26) is only (27) to the drawee who is undoubted and is (28) to sign an (29) undertaking to (30) the documents upon presentation regardless of the terms of those documents.

填空题Name 2 equitable remedies at time of breach of contract by one party.

填空题The increase of the presence of foreign banks in China is likely to introduce new products and expertise.

填空题Define consideration.

填空题What type of indorsement is the following? "Pay Mary Wang on her marriage to Jack Chan Signed: George Lee"

填空题Is "trespass" a crime or a tort?

填空题How does the inflation affect Wealth and Redistribution of Income?

填空题accept , discount, against, dishonoured, attached , hypothecation, credit, draw, ownership, amount When a Letter of Credit has been confirmed, the agent bank in the seller's country usually asks for the shipping documents, and often corite to the seller to say that they are willing to (21) a draft on them for the (22) . This draft (another name for Bill of Exchange) is often (23) to the shipping documents and is called a Documentary Bill of Exchange. Banks often state that the seller can (24) on them for the amount of the Credit. A buyer or his bank may ask the seller if he is willing to allow them a period of 30, 60, or 90 days to pay. They may write. "can you present your drafts for 60 d/s?" this is a form of (25) and allows the buyer time to pay. The agent bank will normally accept a draft (26) documents, because they need them to make sure that the title to (27) has been transferred. Some times the bank demands a letter of (28) so that they have the right to sell the goods if the Bill of Exchange is (29) , that is, if the buyer or his bank do not pay. This does not apply to irrevocable documentary credit. However, the bank can (30) the Bill of Exchange by deducting the interest for the period the draft has to go before maturity.

填空题List 3 groups of implied terms.

填空题Who is the drawee of a cheque?

填空题The bill must be in writing. Does this mean the rules governing written contract apply?

填空题Is "indirect injury" a nuisance or trespass?

填空题The indirect policy instruments include required reserve ratio, interest rate adjustment, and credit ceiling.

填空题What is meant by past consideration?

填空题Section One (5%) See the chart ,fill the gap with the correct answer.(see the answer).

填空题Briefly explain void, voidable and unenforceable contract.

填空题What is an inchoate instrument?

填空题The wholly state-owned commercial banks in China today used to be known as stateowned specialized banks.

填空题 accept , discount, against, dishonoured, attached , hypothecation, credit, draw, ownership, amount When a Letter of Credit has been confirmed, the agent bank in the seller's country usually asks for the shipping documents, and often corite to the seller to say that they are willing to {{U}}(21) {{/U}} a draft on them for the {{U}}(22) {{/U}}. This draft (another name for Bill of Exchange) is often {{U}}(23) {{/U}} to the shipping documents and is called a Documentary Bill of Exchange. Banks often state that the seller can {{U}}(24) {{/U}} on them for the amount of the Credit. A buyer or his bank may ask the seller if he is willing to allow them a period of 30, 60, or 90 days to pay. They may write. "can you present your drafts for 60 d/s?" this is a form of {{U}}(25) {{/U}} and allows the buyer time to pay. The agent bank will normally accept a draft {{U}}(26) {{/U}} documents, because they need them to make sure that the title to {{U}}(27) {{/U}} has been transferred. Some times the bank demands a letter of {{U}}(28) {{/U}} so that they have the right to sell the goods if the Bill of Exchange is {{U}}(29) {{/U}} , that is, if the buyer or his bank do not pay. This does not apply to irrevocable documentary credit. However, the bank can {{U}}(30) {{/U}} the Bill of Exchange by deducting the interest for the period the draft has to go before maturity.