判断题The relationship between the banker and the client can only be terminated by the client who provides reasonable time to the other party to arrange for any alternative.
判断题Write short notes on:
(a) Property.
(b) choses in possession and in action.
(c) right in rem and in personam.
判断题"Gross-working-capital" refers to all of the following current assets: cash, account receivable, inventory and any other liquid assets.
判断题Certificates of deposits are not negotiable unless they are in a deliverable state.
判断题Offers and revocations are effective upon posting, but acceptances are effective upon receipt.
判断题(a) Define defamation.
(b) Explain the difference between libel and slander.
判断题In long-term construction contracts, revenue is recognized at the point of the cash collected.
判断题SWIFT is a system allowing member banks to settle payments among them.
判断题In August 1996, 2 trial credit cards named as "Visa Cash" and "Mondex" were introduced in Hongkong.
判断题Prime costs include direct materials costs, direct labor costs and indirect manufacturing costs.
判断题After July 1997, mainland Chinese banks applying to operate in Hongkong are still placed under the category of foreign banks.
判断题A commercial paper is essentially a promissory note, secured and with a maturity date.
判断题If the purchaser has been given a purchase allowance, the amount of allowance should be debited to purchase return account.
判断题A mail transfer is the most expensive form of transfer.
判断题A put option is an option which gives the buyer the right to buy the currency at the stated strike price on or before the expiry date.
判断题Under conditional lease, the company or the bank holds the title, takes the investment credits and depreciation expenses, and sells or releases the facilities when the lease expires.
判断题Index deposit combines the benefit of a time deposit and an investment.
判断题An offer can not be made to the world at large.
判断题An agreement for the sale and purchase of land need not be evidenced in writing to be enforceable.
判断题The most extensive right allowed by the law of dealing with a thing to the exclusion of all others is called possession.