Legal tender includes______.A.coins onlyB.notes onlyC.notes and coinsD.notes, coins and ch
Legal tender includes______.
A.coins only
B.notes only
C.notes and coins
D.notes, coins and checks
Legal tender includes______.
A.coins only
B.notes only
C.notes and coins
D.notes, coins and checks
第2题
The use of a credit card is most similar to______.
A.creating legal tender
B.reducing the value of the dollar
C.purchasing a certificate of deposit
D.obtaining a short-term loan from a commercial bank
第3题
Which of the following statements about standby letters of credit is true?______.
A.They can serve as a guarantee to a buyer against a seller defaulting.
B.They are contrary to the general rule that letters of credit may only be used for the actual movement of goods.
C.They are unlike a tender (or other) bond in their legal standing and method of operation.
D.They are unlike a tender bond with its fixed expiry date.
第4题
A.jury
B.tribunal
C.inquisitorial system
D.jurisdictions
第5题
A.A vigorous private sector.
B.A legal framework.
C.A flexible labor market and prompt service of debt.
D.All above.
第6题
What is indicated about the interns?
A.They are not paid for their work.
B.Their work schedule will end in early August.
C.They may occasionally interact directly with lawyers.
D.They must be law-school graduates.
第7题
Brands
The word brand is a comprehensive term that encompasses other narrower terms. A brand is a name, term, symbol, and/or special design that is intended to identify the goods or services of one seller or group of sellers. A brand differentiates one seller's products from those of competitors. A brand name consists of words, letters, and/or numbers that can be vocalized. A brand mark is the part of the brand that appears in the form. of a symbol, design, or distinctive coloring or lettering. It is recognized by sight but may not be expressed when a person, pronounces the brand name.
A trademark is a brand that is given legal protection because, under the law, it has been appropriated by one seller. Thus trademark is essentially a legal term. All trademarks are brands and thus include the words, letters, or numbers that can be pronounced. They may also include a pictorial design, Some people erroneously believe that the trademark is only the pictorial part of the brand.
One major method of classifying brands is on the basis of who owns them — producers or middlemen. Sunbeam, Florsheim, Spalding (athletic products), and Sara Lee are producers' brands, while Allstate, Shurfine, Sysco, Craftsman, and Penncrest are middlemen's brands.
The terms national and private have been used to describe producer and middleman brand ownership, respectively. However, marketing people prefer the producer-middleman terminology. To say that the brand of poultry feed marketed in three states by a small Birmingham, Alabama, manufacturer is a national brand, whereas the brands of Penney's or Sears are private brands, stretches the meaning of the terms national and private.
"Brand" is a general term which covers narrower terms such as "brand name", "brand mark", and "trademark."
A.Right
B.Wrong
C.Not mentioned
第8题
Much confusion exists about the real nature of money. Many people think that money has no value unless it is backed by gold or silver. They think that the Federal Reserve note is only a sym bol for money, and that real money is the metal backing the note. Some people look on money as wealth and believe that it must have intrinsic(内在的) value.
If we were to study the history of money, we would find that in different places and at different times a variety of things have been used as money. Cattle, shell, beads (珠子), tobacco leaves, and various metals—including iron, zinc (锌), bronze (青铜), and copper—have all been used as a basis of exchange. The precious metals, particularly silver and gold, have proved most satisfactory for this purpose and have been most commonly used in modem times.
Until early 1968, the United States backed its Federal Reserve notes with 25 percent gold, but this did not mean that citizens could use gold as money or convert paper dollars to gold. Clearly, it is not what money is but what it does that is important.
This passage is about ___________.
A.the nature of money
B.the face value of a bill
C.the intrinsic value of money
D.the lawfulness of money
第9题
How to approach Writing Test Part Two
?This part tests your ability to write longer letters, faxes and emails.
?Read the instructions carefully and underline the four points you must include in your answer.
?Write down a useful phrase you can use for each point.
?Write your answer. Tick off each point in the instructions as you include it.
?Make sure you use an appropriate opening and closing for the letter (e.g. Dear Mr .... Yours sincerely).
?Check you have written your answer in 60 - 80 words.
?Read this part of a letter from Anita Banks, who recently bought a washing machine from your company.
I am writing to complain about a washing machine I purchased from your company. It has not worked properly since it was installed last month.
I have written to you twice but have had no reply. I am now considering taking legal action.
?Write a letter to Mrs Banks:
?apologising for not replying earlier
?explaining the reason for the delay
?saying how you intend to deal with the problem
?promising to contact her again soon.
?Write 60- 80 words.
第10题
Buying a Home
To Buy or to Rent
According to Canada Mortgage and Housing Corporation (CMHC) , 37 percent of Canadian renters could afford to buy a home. But when it comes to buying or tenting, age, lifestyle, whether or not you're a parent, even where you live, all play a role. This was among, findings of a late 1990s study by the CMHC, which wanted to know why, in Quebec, so many 25-to 34-year-olds--the so-called Generation X--were tenants rather than homeowners. At the time, 56 percent of this age group outside Quebec owned their homes, a figure that dropped to 34 percent in Montreal. CMHC's Kim-Anh Lam explained: "When we asked about their priorities, Gen Xers placed housing fifth--after recreational activities, retirement planning, consolidating their jobs, and repaying their debt." However, home ownership became a priority once a couple became serious, or the first child arrived.
Most experts agree that renting makes sense if you're highly mobile and don't want to be burdened with the slow pace of the buying and selling process, or if you can't or don't want to take on the long-term financial commitments of a mortgage and home maintenance. Renting may be necessary in order to save for the 10 to 20 percent down payment needed to buy a home.
Whether you buy or rent your home, you should use no more than 35 percent of your income on housing, including rent or mortgage, utilities, insurance, and repair. Most banks recommend that no more than 30 percent of your income should support a mortgage, and no more than 40 percent should go to a mortgage and other debt.
Offer to Purchase
Home buyers sometimes get stung because they or their representatives fail to include important conditions in the offer to Purchase , or, as it is sometimes called, the Agreement of Purchase and Sale. Your offer can be conditional-it is good only on condition that you obtain mortgage financing, or the house passes a home inspection or a termite check. In Homebuying Step by Step: a consumer guide and workbook, the CMHC recommends your offer also include:
Basic details such as your legal name, the name of the vendor, and the legal and civic address of the property.
The purchase price and all financial details included in this should be the amount of the deposit and any interest to be paid on it. You may also want to spell out the specific amount of penalty should you wish to back out of the deal.
The chattel or items in the home which are included in the purchase price. This may include window coverings, appliances, a satellite dish, carpeting, bookcases, or a backyard swing.
Enumerate all of them, and stipulate that everything in the house--all appliances and systems--be in working order at the time of closing of title.
Date of closing and taking possession--usually 30 to 60 days from the date of the agreement, but it can be longer.
Request for a current land survey of the property.
Date and time at which the offer becomes null and void. A 48-hour limit on the seller's response time to your offer is reasonable.
For Buyers only
A typical real estate transaction often begins when prospective buyers drive by a house that looks appealing, take down the name of the real estate agent listed on the sign in the yard, and call that person for an appointment. The only problem, That agent--usually the listing agent--works for a commission paid by the seller, and the agent's legal responsibility is to get the best price possible for the current homeowners, not the prospective buyers.
Common sense calls for buyers to be honest about their priorities, preferences, and price range. But since the agent's commission comes from the vendor, and since this money is a percentage of the sale price, it is entirely possible that any information the buyers reveal to the agent--
A.Y
B.N
C.NG