听力原文：When the drawee is bankrupt, presentment may be made to him or to his trustee.（7)

(6)

A．If both the drawer and drawee of an instrument are the same person, the instrument may be treated as a promissory note.

B．In any case, the holder can treat the instrument as a bill of exchange or a promissory note.

C．If both the drawer and drawee of an instrument are the same person, the instrument can only he treated as a promissory note.

D．When the drawer and drawee of a bill are the same person, the holder may treat the instrument neither as a bill of exchange nor as a promissory note.

听力原文： Banker's acceptances are a very old form. of commercial credit. They provide, in essence, a method whereby a bank may add its good name and reputation to bills of a borrower, thereby making the bills much more marketable than it would otherwise be. Specifically, the mechanics of the operation typically, work like the following. Suppose that an American exporter sells wheat to a German importer. The terms of the sale are that the German importer will pay for the wheat ninety days after it is shipped. For a variety of reasons, however, the American firm may want its money now, and not want to wait the ninety days. If so, it may issue a draft on its bank ordering the bank to pay a stipulated sum of money to the holder of the draft ninety days from now. Along with the draft, the American exporter will send the appropriate documents showing that the wheat has actually been shipped. When the bank receives the draft, together, with the documentation, it stamps "accepted" across the face of it.

27. What are banker's acceptances？

28.Who is the drawee of the draft mentioned in the passage？

29.What should be attached to the draft when it is presented for acceptance？

30.How does the bank accept the draft？

(27)

A．They are drafts issued by a bank on another bank.

B．They are a very old form. of commercial credit.

C．They are exchange bills discounted by customers.

D．They are checks cashed through the ATMs.

听力原文：M: If a customer lost his draft, will the bank still pay the draft to him？

W: The drawee bank may investigate the title of the person who holds it. If he has a good title, the draft will be paid.

Q: What will the drawee bank do after being informed of loss of a draft？

(18)

A．The drawee bank will refuse to pay the draft.

B．The drawee bank will issue another draft to the customer.

C．The drawee bank will investigate into the case first.

D．The drawee bank will pay the draft immediately.

(9)

A．The relationship between the drawee and collecting bank will be taken into consideration first of all.

B．The remitting banker's instructions will be paid much more attention.

C．The remitting banker's instructions will be less important than the relationship between the drawee and collecting bank.

D．The remitting banker must consider the relationship between the drawee and collecting bank.

听力原文：M: What about the interest rate？

W: Well, the discount rate is given in accordance with the terms of the bill, time of discount, the amount, the reputation of the drawee and the drawer.

Q: What are they talking about？

(14)

A．The interest rate of savings account.

B．The discounting rate for drafts.

C．The rediscounting rate.

D．The interest rate for loans.

(8)

A．The customer should first notify the drawee bank of the loss of his draft.

B．The customer should first notify the drawer bank of the loss of his draft.

C．The customer should first notify the remitting bank of the loss of his draft.

D．The customer should first notify the collecting bank of the loss of his draft.

(6)

A．The collecting banker is the banker on whom the cheque is drawn.

B．The paying banker is the banker on whom the cheque is drawn.

C．The drawer banker is the banker on whom the cheque is drawn.

D．The presenting banker is the banker on whom the cheque is drawn.

(7)

A．The payee's signature can make the endorsement valid.

B．The drawer's duly authorized agent can make the endorsement valid.

C．The payer's signature can make the endorsement valid.

D．The drawee's duly authorized agent can make the endorsement valid.

听力原文： A bill of exchange is a negotiable security signed and dated by the issuer (the drawer). It contains an unconditional order or instruction for the debtor (the drawee) to pay a fixed sum of money to a certain person or to his order upon maturity. If the debtor agrees to this, he accepts the bill of exchange by signing it. Its form, content and legal consequences are regulated by law. A promissory note only differs from a bill of exchange in that it is issued in the form. of a promise of payment made by the debtor instead of a payment order or instruction by the creditor.

28. Who signs and dates a bill of exchange？

29.What is a bill of exchange？

30.Which of the followings regulates the form, content and legal consequences of the bill of exchange？

(28)

A．The drawer.

B．The drawee.

C．The debtor.

D．The payee.

A

C．