Câu 5:Điểm: 1.00đ Điểm trừ: 0.00đ Directions: Choose the answer that suits the question most.. It depends Câu 12: Điểm: 1.00đ Điểm trừ: 0.00đ Directions: A word or phrase is missing in e
Trang 1Câu 5:
Điểm: 1.00đ
Điểm trừ: 0.00đ
Directions: Choose the answer that suits the question most.
The advising bank never pays the exporter directly Right or wrong?
A
Right
B
Wrong
C
It depends on the type of credit
D
Neither right nor wrong
Câu 10:
Điểm: 1.00đ
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Directions: Choose the answer that suits the question most
Is there any ‘reconfirming’ bank?
Trang 2No, there isn’t
B
Yes, there is one in case banks are reluctant to confirm letters of credit, especially those from obscure banks
C
Never is there
D
It depends
Câu 12:
Điểm: 1.00đ
Điểm trừ: 0.00đ
Directions: A word or phrase is missing in each of the sentences below.Four answer choices are given below each sentence Choose the best answer to complete the sentence Then mark the letter (A), (B), (C) or (D) on the screen
The decision of arbitrators is
A
Law- oriented
Trang 3Business- oriented
C
Action- oriented
D
Reaction- oriented
Câu 18:
Điểm: 1.00đ
Điểm trừ: 0.00đ
Directions: Choose the answer that suits the question most
When the exporter fills in the letter of credit application form, if the box "requested” for the ‘Confirmation
of credit to the beneficiary’ is ticked, what does it mean?
A
It means the exporter wants the bank in his country merely handle the paperwork
B
It means the exporter wants the bank in his country make the payment itself and recover the funds from the buyer’s bank
Trang 4It means the exporter is double guaranteed in terms of payment by a third bank beside the issuing bank and the advising bank
D
It means the confirmation from the issuing bank in terms of payment in case the buyer defaults
Câu 21:
Điểm: 1.00đ
Điểm trừ: 0.00đ
Directions: Four answer choices are given below each question Choose the best answer then mark the letter (A), (B), (C) or (D) on the screen
Which of the following is not needed for a legally binding contract to be in force?
A
Written contract
B
Offer and acceptance
C
Consideration?????
D
Trang 5Câu 22:
Điểm: 1.00đ
Điểm trừ: 0.00đ
Directions: A word or phrase is missing in each of the sentences below Three answer choices are given below each sentence Choose the best answer to complete the sentence Then mark the letter (A), (B)
or (C) on the screen
The disadvantage of policy is that it is set up for particular time and automatically expires
A
tailor-made
B
floating
C
open cover
Câu 24:
Điểm: 1.00đ
Điểm trừ: 0.00đ
Directions: Choose the answer that suits the question most
In terms of payment in international trade,
Trang 6Risk rises and cost rises as well
B
Risk falls and cost falls as a consequence
C
Risk and cost have no relationship with each other
D
Risk and cost rise and fall together
Câu 27:
Điểm: 1.00đ
Điểm trừ: 0.00đ
Directions: Choose the answer that suits the question most
The things that the exporter should keep in mind in negotiating payment are …
A
Payment mode, timing, place, delay and results of delay
Trang 7How payment will be made and the date of payment
C
Where the money must be before payment is considered complete and what delay in payment is excusable
D
Results of non- excusable delay in payment and time of payment
Câu 28:
Điểm: 1.00đ
Điểm trừ: 0.00đ
Directions: Four answer choices are given below each sentence Choose the best answer then mark the letter (A), (B), (C) or (D) on the screen
"A radio lacks the wires connecting the loudspeaker to the amplifier” is an example of:
A
Defective design
B
Defective materials
C
Trang 8Defective workmanship
D
Misuse by the buyer
Câu 30:
Điểm: 1.00đ
Điểm trừ: 0.00đ
Directions: A word or phrase is missing in each of the sentences below Four answer choices are given below each sentence Choose the best answer to complete the sentence Then mark the letter (A), (B), (C) or (D) on the screen
A mistake about the goods in a contract means there is no ……
A
Meeting of acceptance
B
Meeting of minds
C
Meeting of concepts
D
Meeting of agreement
Trang 9Câu 31:
Điểm: 1.00đ
Điểm trừ: 0.00đ
Directions: A word or phrase is missing in each of the sentences below.Four answer choices are given below each sentence Choose the best answer to complete the sentence Then mark the letter (A), (B), (C) or (D) on the screen
Elderly people are ………… to deal with a contract
A
Unable
B
Able
C
Impossible
D
Unaffordable
Câu 35:
Điểm: 1.00đ
Điểm trừ: 0.00đ
Directions: Choose the answer that suits the question most
Trang 10The costs of L/C amendments are normally for ……….
A
the buyer’s account
B
the exporter’s account
C
the issuing bank’s account
D
the one who asks for such amendments
Câu 36:
Điểm: 1.00đ
Điểm trừ: 0.00đ
Directions: A word or phrase is missing in each of the sentences below.Four answer choices are given below each sentence Choose the best answer to complete the sentence Then mark the letter (A), (B), (C) or (D) on the screen
Under Anglo-American law, a contract must give ………
A
both sides rights and duties
Trang 11each side rights
C
each side duties
D
not duties but rights
Câu 37:
Điểm: 1.00đ
Điểm trừ: 0.00đ
Directions: A word or phrase is missing in each of the sentences below.Four answer choices are given below each sentence Choose the best answer to complete the sentence Then mark the letter (A), (B), (C) or (D) on the screen
The arbitrators’ awards are
A
Consultative and examinatorial
B
Final and enforceable>???????????
Trang 12Referable and reverable
D
All of the above
Câu 38:
Điểm: 1.00đ
Điểm trừ: 0.00đ
Directions: Four answer choices are given below each sentence Choose the best answer then mark the letter (A), (B), (C) or (D) on the screen
Another name for warranty is
A
guarantee
B
defect liability
C
legal responsibility
Trang 13warrantee
Câu 40:
Điểm: 1.00đ
Điểm trừ: 0.00đ
Directions: Choose the answer that suits the question most
The place of payment is very important because late payment is subject to payment of interest and the cost of any delay along the payment route properly belongs to …
A
The buyer
B
The exporter
C
The bank of the exporter
D
The bank of the buyer
Câu 41:
Điểm: 1.00đ
Điểm trừ: 0.00đ
Trang 14Directions: A word or phrase is missing in each of the sentences below.Four answer choices are given below each sentence Choose the best answer to complete the sentence Then mark the letter (A), (B), (C) or (D) on the screen
Termination for default occurs when the contract names certain which allow one side to terminate
A
Time limits
B
Defaults
C
Situations
D
Conditions
Câu 42:
Điểm: 1.00đ
Điểm trừ: 0.00đ
Directions: Choose the answer that suits the question most
Is it possible for the beneficiary (exporter) sometimes, though not often, to make a draft on the bank to collect the money?
Trang 15No, it isn’t
B
It is impossible by all means
C
The draft must be drawn on the buyer to order payment, not the bank
D
Yes, it is
Câu 44:
Điểm: 1.00đ
Điểm trừ: 0.00đ
Directions: A word or phrase is missing in each of the sentences below Four answer choices are given below each sentence Choose the best answer to complete the sentence Then mark the letter (A), (B), (C) or (D) on the screen
Anglo–American law develops through ………
A
Law code
Trang 16Arbitrators’ decisions
C
Court decisions
D
Legal system
Câu 45:
Điểm: 1.00đ
Điểm trừ: 0.00đ
Directions: A word or phrase is missing in each of the sentences below Four answer choices are given below each sentence Choose the best answer to complete the sentence Then mark the letter (A), (B), (C) or (D) on the screen
The bill of lading issued by the carrier for rail transport is called
A
Railway bill
B
Rail waybill
C
Trang 17Railway consignment note
D
Railway bill of lading
Câu 46:
Điểm: 1.00đ
Điểm trừ: 0.00đ
Directions: Four answer choices are given below each sentence Choose the best answer then mark the letter (A), (B), (C) or (D) on the screen
To cure the defective goods, the best option for the exporter is:
A
taking back the defective goods and giving back the money
B
reducing the price
C
replacing the goods
D
dependent on the type of goods
Câu 50:
Trang 18Điểm: 1.00đ
Điểm trừ: 0.00đ
Directions: Four answer choices are given below each sentence Choose the best answer then mark the letter (A), (B), (C) or (D) on the screen
As the consequences of a defect can be expensive, the question of who pays for the consequential loss
or damage is often
A
agreeable
B
controversial
C
non-negotiable
D
amicable