Peac test

In this sentence has the share price gone up, down or both?

Shares in the new company have been changing hands for silly prices.

• Up

• Down

• Both

This contract is binding, and we expect all the parts involved (both clients and suppliers) to abide by the terms and conditions stated in section 3a-37 on pages 1-17.

Which of these words : expressions could replace abide by?

• choose

• agree with

• obey

• change

This contract recognizes the anointment of Mr Alan Wiley as non -executive Director to the board of AKL Publishing following the company's amalgamation with Berryhill books. While Mr Wiley may continue to buy stocks in the company, he may not acquire a controlling interest, and he may have no professional dealings with any third parties during this period.
One of the underlined words / expressions in the sentence is wrong; which one?

• anointment

• amalgamation

• controlling interest

• third parties

Despite the recent economic recovery, many people are still looking for ...

• work

• job

• profession

• career

Shortly before you hold a meeting, it is a good idea to send everyone in the office a ... outlining the main points to be discussed.

• notify

• notice

• note

• notification

By issuing a letter of credit, the bank made... to pay the exporter for the goods, provided that the correct documentation was presented.

• a willingness

• a readiness

• a debit advice

• an undertaking

The FTSE 100 is an example of a share ...

• list

• index

• exchange

• average

The person who will receive a payment is called the ...

• drawer

• receiver

• beneficiary

• debtor

SWIFT is a system used for sending money a...

When two companies want to work together they often ... a joint venture.

• form

• run

• do

• manage