Câu 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 Điểm trừ: 0.00đ Directions: Choose the answer that suits the question most Is there any ‘reconfirming’ bank? A No, 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 B Business- 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 C It 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 Conversation Câu 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, A Risk 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 B How 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 Defective 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 Câu 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 The 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 B each 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>??????????? C Referable 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 D warrantee 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 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 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? A No, 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 B Arbitrators’ 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 Railway 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: 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 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