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听力原文：Back-to-Back credits consist of two entirely separate documentary credits, but on

听力原文： Back-to-Back credits consist of two entirely separate documentary credits, but one credit may act as security for the other. They apply in transactions when actual suppliers and ultimate buyers deal through a middleman. If the supplier insists on a documentary credit, the middleman may apply to his bank for a credit on his behalf. If the middleman's bank is satisfied with his creditworthiness, the bank will issue the credit in the normal way and no other formalities will apply. However, the "back-to-back" credit comes into use if the bank insists that the middleman obtain a documentary credit in his favor from the ultimate buyer as security for the "back-to-back" credit in favor of the actual supplier. Only the middleman and his banker know the "back-to-back" credit, and only they are concerned with credit.

25. What do the back-to-back credits consist of？

26.In which situation do the back-to-back credits apply？

27.In whose favor is the back-to-back credit issued.？

(25)

A．It consists of one commercial credit and one standby credit.

B．It consists of two entirely separate documentary credits.

C．It consists of a credit and some commercial documents.

D．It consists of a bill of exchange and a bill of lading.

提问人：网友jeeyoo 发布时间：2022-01-06

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第1题

Credit risk is an important consideration for commercial mortgage-backed securities (CMBS) because the CMBS are backed by mortgage loans that

A、are non-recourse

B、have call protection

C、have prepayment penalty points

D、空

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第2题

( ) credits are often used by export brokers.

A、transferable

B、back to back

C、clean

D、reciprocal

E、revocable

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第3题

16.Why does Amir laugh when Assef beats him?

A、(A) He has gone crazy

B、(B) He has been drugged

C、(C) He feels relief from his guilt

D、(D) He feels Assef can’t hurt him

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第4题

The faces in the crowd stand for human beings. This is a _________.

A、metaphor

B、metonymy

C、simile

D、synecdoche

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第5题

Which phrase can be used to express “ That’s s bit steep/ pricey.”?

A、low price

B、base price

C、minimum price

D、a little high-priced

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第6题

The origins(起源) of baseball probably stretch back to 1839 when Abner Doubleday, a civil engineering student, laid out a diamond-shaped field at Cooperstown, New York, and attempted to standardize(使标准化) the rules governing the playing of such games as town ball and four old cat, the ancestors(祖先) of baseball. By the end of the Civil War, interest in the game had grown rapidly. Over 200 teams or clubs existed, some of which toured the country playing rivals; they belonged to a national association of "Baseball Players" that had proclaimed(宣布) a set of standard rules. These teams were amateurs(业余爱好者) or semi-professionals, but as the game waxed in popularity, it offered opportunities for profit, and the first professional team, the Cincinnati Red Stockings, appeared in 1869. Other cities soon fielded professional teams, and in 1876 the present National League was organized chiefly by Albert Spalding. Soon a rival league appeared, the American Association. Competition between the two was intense, and in 1883 they played a post-season(季后赛) contest, the first "world's series". The American Association eventually collapsed, but in 1900 the American League was organized.

1. According to the passage, baseball originated in 1839 because ____.

A、Abner Doubleday invented a special diamond-shaped pitch

B、the rules of earlier games were amalgamated(合并) and regularized

C、civil engineering students became interested in playing games

D、the old games died out and a new one was needed

2. What was different about "Baseball Players" compared with earlier players？

A、They travelled widely.

B、They belonged to many clubs.

C、They played by agreed rules.

D、They were not professional.

3. According to the passage, the Cincinnati Red Stockings were formed in 1869 ____.

A、because baseball had become more popular by then

B、to enable the amateur players to become professional

C、so that the public had the opportunity to profit from a professional team

D、to produce a means of making money

4. From the passage, we understand that the National League was formed in 1876 to ____.

A、reorganize the professional teams

B、enable more professional teams to be set up

C、to provide a governing authority for baseball

D、authorize amateur and professional teams to combine

5. According to the passage, at the turn of the century the only remaining baseball organizations were ____.

A、the American League and the National League

B、the American League

C、the American Association and the American League

D、the American Association

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第7题

During the interview, as to men, suits with _______ shoes are recognized to all.

A、sports

B、soft

C、leather

D、nice

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第8题

The bank then advises the assignee/supplier that it has received an irrevocable instructions to make the relevant payment to the assignee/supplier out of the credit proceeds. Such advice is in the form of ______.

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第9题

The beneficiary must instruct the issuing/nominated bank to pay the reserve part of the credit proceeds to his own assignee/supplier. This request is worded in the form of an ______ which should be authenticated by another bank.

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