Commercial Banking 3_Giữa kỳ 02

Commercial Banking 3_Giữa kỳ 02

University

43 Qs

quiz-placeholder

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Commercial Banking 3_Giữa kỳ 02

Commercial Banking 3_Giữa kỳ 02

Assessment

Quiz

Business

University

Medium

Created by

Tai Nguyen

Used 3+ times

FREE Resource

43 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where will the bill of exchange be sent right after the issurance ?
a. To the bank that its name is in the payment order sentence on the Bill Of Exchange.
b. To the collecting bank ( in the country of the importer).
c. To the importer for the acceptance.
d. To any bank that might provide the collection service.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The drawer of a Bill of exchange is
a. The beneficiary of the payment of delivered goods.
b. The one who pays for the delivered goods.
c. The bank of the importer.
d. The bank of the exporter.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In collection payment method, the drawer is:
a. The importer
b. The bank of exporter.
c. The bank of importer.
d. The exporter.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An import- export contract is a(an):
a. Sales contracts between the buyer and seller from the difference countries.
b. Contract between the buyer and the seller.
c. Agreement creating and definding the obligations between two or more parties.
d. Exchange of promises between two or more parties to sell and buy goods.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Arrange these payment methods in decending order of the seller’s risk:
a. D/A, D/P, Open Account, Cash in Advance.
b. Cash in advance, D/P, D/A, Open Account.
c. Open account, D/A, D/P, Cash in advance.
d. Open account,D/P,D/A, Cash in advance.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the function of Bill of Ladding.?
a. Evidence of goods receipt from the carrier.
b. Expressing ownership of goods.
c. Evidence of contract between owner and shipper.
d. Above correct.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Field 71A in MT103 express”Detail of chargers”: SHA. Who is respondsible for the paying bank’s charges?
a. The rimitter.
b. The rimitting bank.
c. The beneficiary.
d. Each party, remitter and beneficiary bear bank’s charges.

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