《国际结算（双语）》试卷A及参考答案.docx

InternationalSettlement试卷AIMultipleChoice(IO%)1. Theissuingbankauthorizestheadvisingbanktoadditsconfirmationtothecreditandthelatterconfirmsthecredit.Ifthecreditbearsaclause:uallbankingchargeswillbefortheaccountofthebeneficiary,thentheconfirmingbankwillcollectitsconfirmationfeesformthe().A.issuingbankB.beneficiaryC.applicantD.others2. ()isthewrittensignificationbythedraweeofhisassenttotheorderofthedrawer.A.todrawB.presentationC.acceptanceD.endorsement3. CompanyAhasexportedCompanyBabatchofgoods,CompanyBhasopenedtoanirrevocablesightletterofcredittoCompanyAthroughbankC.WhenCompanyApresentedthefullsetofshippingdocumentsandappliedfornegotiationafterhehasshippedthegoods,CompanyBhasgonebankrupt.ThenBankC().a) canrefusetopayonthegroundsthatCompanyBhasgonebankruptb) shallstillbeliableforpaymentc) hastherighttopostponepaymentandthedelaytimecanbenegotiatedbybothparties4. Acreditstipulates:“oneshipmentof100,000yardsofwire”,whichofthefollowingquantitiesfailstocomplywiththecreditrequirement?()A.106,000yardsofwireB.105,000yardsofwireC.107,000yardsofwireD.108,000yardsofwire5. Documentarycreditmeanspaymentagainst()insteadofagainst().A.goods.documentsB.documents.goodsC.documents.acceptanceD.acceptance.documents6. Inordertopreventthe()fromopeningtheL/Clate,theexportershouldstipulateatthesametime“TherelevantL/Cmustreachthe()notlaterthanJanuary31,2005.”A.sellerbuyerB.buyersellerC.buyerimporterD.sellerexporter7. Thecollectionisbasedonthecommercialcredit,whiletheL/Cisonthebasisofthebanker,scredit,().A. sothecommercialdraftisusedforcollection,whilebanker,sdraftisusedfortheL/CB. however,commercialdraftsareusedforbothC.however,banker,sdraftsareusedforboth8. Orderbillofexchange().A.mustbetransferredbyendorsementB.cannotbetransferredbyendorsementC.doesnotrequireendorsement,butcanbetransferredbydelivery9. Thepartiesconcernedwiththecollectionwilluse()tosettlethedispute(三)amongthem.A.UCP600B.CISGC.INCOTERMS2010D.URC52210. Ifabillofladingbearsanotationasfollows:"fivebalestorn,itmaybeconsideredasa(an)()billoflading.A.cleanB.uncleanC.AorBD.noneofaboveIIExplainthefollowingconcepts.(18%)1. SWIFT2. InternationalTradeSettlement3. CertificateofOrigin4. PromissoryNote5. Recourse6. ForfeitingIII Answerthefollowingquestions(36%)1. Whatisthecollection?Howmanypartiesconcernedandwhoarethey?2. DescribethecharacteristicsandfunctionsofL/C.3. WhatarethecharacteristicsoftheNegotiableInstruments?4. Whatarethepotentialactsrelatedtothedraft(orwhatarethepotentialstepsforthecirculationofthedraft?)5. DescribethegeneralprocedureofD/Aaftersightwithafigureorgraph.Besides,someadditionalexplanationforthefigure/graphisnecessary.6. Describethegeneralprocedureofinternationalfactoringwithafigureorgraph.Besides,someadditionalexplanationforthefigure/graphisnecessary.IV CaseStudy(18%)1. Mr.AisasalesmanwhoisworkinginaChineseimportandexportcompany.HeneedstotakeUSD500,000.00topickupthegoodsinUSA.(1)CanhevisitUSAwithcashamounttoUSD500,000.00andbringthegoodsbackwithhimfromUSA?(2)Supposeyou,reanemployeeoftheInternationalDepartmentofBankofChina,whatadvicewouldyougivetoMr.A?2. IBMisamultinationalenterprisewhohasestablishsomanyforeignsubsidiariesandbranchesabroad,andtherearesomanybusinessesbetweentheIBManditsforeignsubsidiariesorbranches,oramongitsforeignsubsidiariesorbranches.WhatkindofforeignexchangerisksIBMwillmeetandhowtomanagetheseforeignexchangerisks?3. ShanghaiTextileCo.,Ltd.hassoldabatchofcommoditiestoTLXCompanywhoislocatedintheUSA.Aftertheshipment,ShanghaiTextileCo.,Ltd.PresentedthedocumentsrequiredbytheS/CtoBankFintheUSAthroughBankofShanghai.BankFhandedthedocumenttoTLXCompanybeforehehasmadepayment.TheTLXCompanywentbankruptlater.DoyouthinkShanghaiTextileCo.,Ltd.cangetthepayment?Whyandhow?VIPractice(18%)1. ReadthefollowingL/Candanswerthefollowingquestions(1) Whatarethecharacteristicsofthiscredit?(atleastfour)(2%)(2) Whatisthedateoftheissuance,expirydate,timeofshipmentandthetimeforthepresentationofthedocuments?(2%)(3) Whatkindofdocumentsarerequiredunderthiscreditandhowmuchofthemarerequiredrespectively?(4%)SampleLetterofCreditFROM:INDUSTRIALBANKOFJAPAN,LIMITED,TOKYOTBANKOFCHINA,SHANGHAISQUENCEOFTOTAL:27:1/1FORMOFDOC.CREDIT:40A：IRREVOCABLEDOCU.CREDITNO.:20:ILC136107800DATEOFISSUE:31C:991015DATENPLACE9OFEXP.:31D:991215INTHECOUNTRYOFBENEFICIARYAPPLICANT:50:ABCCOMPANY,1-3MACHIKUSTREET,OSAKA,JAPANBENEFICIARY:59:SHANGHAIDASHENGCO.,LTD.UNITC2/FJINGMAOTOWER,SHANGHAI,CHINA.CURRENCYCODE,AMOUNT:32B:USD21240.00AVAILABLEWITH/.BY.41D:ANYBANKBYNEGOTIATIONDRAFTSAT.:42C:SIGHTFOR100PCTINVOICEVALUEDRAWEE:42D:THEINDUSTRIALBANKOFJAPAN,HEADOFFICEPARTIALSHIPMENT:43P:ALLOWEDTRANSSHIPMENT:43T:NOTALLOWEDLOAD/DISPATCH/TAKING:44A:CHINESEPORTSTRANSPORTATIONTO.:44B:OSAKA/TOKYOLATESTDATEOFSHIPMET:44C:991130DESCRIPGOODS/SERVICE:45A:4,000PCS"DIAMOND"BRANDCLOCKARTNO.791ATUSD5.31PERPIECECIFOSAKA/TOKYOPACKEDINNEWCARTONSDOCUMENTSREQUIRED:46A:1. SIG