Auctions are【B1】sales of goods, conducted by an【B2】approved auctioneer. He asks the crowd - 试题答案网问答

第1题

Auctions are public sales of goods conducted by an officially approved auctioneer. He asks

the crowd assembled in the auction-room to make offers, or "bids", for the various items on sale. He encourages buyers to bid higher figures, and finally names the highest bidder as the buyer of the goods.

Practically all goods whose qualities vary are sold by auction. Among these are coffee, skins, wool, tea, furs, spices, fruit, vegetables and wines. Auction sales are also useful for land, property, antique furniture, pictures, rare books, old china and works of art.

An auction is usually advertised beforehand with full particulars of the articles to be sold and where and when they can be viewed by prospective buyers. If the advertisement cannot give full details, catalogs are printed, and each group of goods to be sold together, called a "lot"; is usually given a number. The auctioneer need not begin with Lot 1 and continue in numerical order; he may wait until he registers the fact that certain dealers are in the room and then produces the lots they are likely to be interested in. The auctioneer's services are paid for in the form. of a percentage of the price the goods are sold for. The auctioneer therefore has a direct interest in pushing up bidding as high as possible.

The auctioneer must know fairly accurately the current market values of the goods he is selling, and he should be acquainted with regular buyers of such goods. He will not waste time by starting the bidding too low. He will also play on the rivals among his buyers and succeed in getting a high price by encouraging two business competitors to bid against each other. It is largely in his advice that a seller will fix a "reserved" price, that is, a price below which the goods cannot be sold. Even the best auctioneers, however, find it difficult to stop a "knock-out", whereby dealers illegally arranged beforehand not to bid against each other, but nominate one of themselves as the only bidder, in the hope of buying goods at extremely low prices. If such a " knock-out " comes off, the real auction sale takes place privately afterwards among the dealers.

At what prices are auctioned goods usually sold？

A．The highest prices offered by the buyers.

B．The fixed prices advertised beforehand.

C．The prices higher than their true value.

D．The prices demanded by the seller.

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第2题

Acknowledging that demand for its controversial stock sale was weaker than it thought, 【B1

】______ .

The popular Internet search engine e-mailed investors registered to bid on its shares that it priced the initial public offering at $85 a share. That was the low end of the new expected range, which was already reduced from $135.

Also, 【B2】______ , and several big shareholders said they would not sell anything in the IPO.

The upshot, rather than raising $3.1 billion in what would have been the 13th biggest initial public offering, the sale would raise just $1.7 billion— 【B3】______ .

Under the symbol GOOG, Google is expected to begin trading on the Nasdaq Thursday.

Co-founders Sergey Brin and Larry Page, who would have been worth $4.6 billion midway in the original IPO range, saw the value of their post-sale stakes shrink to $3.2 billion. Still, 【B4】______ .

A series of missteps by Google and renewed turmoil in tech stocks proved a powerful problem for what has been billed as the most anticipated IPO since the tech bubble burst. "Google has stumbled badly out of the gate, even before it was out of the gate," says David Garrity of research firm Caris & Co.

Late Wednesday, the Securities and Exchange Commission granted Google's request to certify the IPO, after delaying the offering 24 hours. Separately, Google said the SEC was investigating whether its co-founders had violated "quiet period" rules. Soon after the SEC decision, 【B5】______ .

Despite the blemishes, the IPO is another big accomplishment for the company. Started less than six years ago, Google has thrived letting consumers search the Internet for free while it charges advertisers for putting links on its Web site.

A. that would rank them near 50th on the Forbes richest Americans list

B. Google's two founders cut in half the number of shares they expected to sell as part of the offering

C. Google on Wednesday slashed the price and size of its much-hyped IPO

D. which would rank Google in the top 5 IPOs

E. Google closed the unusual auction for its shares and notified winning bidders

F. Google began to sell its shares at the price of $105 a share

G. which would not even rank it in the top 25 IPOs

H. Google decided to size down its number of employees

【B1】______

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第3题

？Read the article below about Auction sales.？Choose the best sentence to fill each of the

？Read the article below about Auction sales.

？Choose the best sentence to fill each of the gaps.

？For each blank 8—12 mark one letter (A—G) on your Answer Sheet.

？Do not use any letter twice.

？This is an example at the beginning.

Auction Sales

Auctions are public sales of goods conducted by an officially approved auctioneer. He asks the crowd gathered in the auction-room to make offers, or "bids", for the various items on sale. He encourages buyers to bid higher figures, and finally names the highest bidder as the buyer of the goods.

(8) . Among these are coffee, skins, wool, tea, fruit, vegetables, and wines. Auction sales are also useful for land and property, antique furniture, pictures, rare books, old china, and works of art. An auction is usually advertised beforehand with a full description of the articles to be sold and (9) . If the advertisement cannot give full details, catalogues are printed, and each group of goods to be sold together, called a "lot", is usually given a number. The auctioneer need not begin with Lot 1 and continue with Lot 2, Lot 3 and so on; he may wait until he sees certain dealers in the room and then produces the lots they are likely to be interested in. The auctioneer's services are paid for (10) . The auctioneer therefore has a direct interest in pushing up the bidding as high as possible.

The auctioneer must know (11) . He will not waste time by starting the bidding too low. He will also encourage the rivals among buyers to bid against each other in order to get a high price. It is largely in his ad vice that a seller will fix a "reserved" price, that is, (12) . Even the best auctioneers, however, find it difficult to stop a "knock-out" (连裆拍货), because dealers illegally arranged beforehand not to bid against each other, but choose one of them as the only bidder, in the hope of buying goods at extremely low prices. If such a "knock-out" succeeds, the real auction sale takes place privately afterwards among the dealers.

A Almost all goods of various qualities are sold by auction.

B a price below which the goods cannot be sold.

C Through Auction the seller usually can get a high price.

D quite accurately the current market values of the goods he is selling, and he should be acquainted with regular buyers of such goods.

E for the various items on sale.

F in the form. of a percentage of the price the goods are sold for.

G where and when they can be viewed by possible buyers.

(8)

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第4题

What kind of goods can not be sold in auctions？A．Those produced in the same factories.B．Th

What kind of goods can not be sold in auctions？

A．Those produced in the same factories.

B．Those provided by the same sellers.

C．Those which have the same qualities.

D．Those which have only one bidder.

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第5题

Antique auctions have become popular in the United States because a steadily increasing aw

areness of the investment value of antiques.

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第6题

Recent【B1】show that more than half of the heroin addicts are less than 30 years of age.Nar

Recent【B1】show that more than half of the heroin addicts are less than 30 years of age.

Narcotic(麻醉剂) addiction in the United States is not limited【B2】heroin users. Some middle-aged and older persons who take narcotic drugs【B3】to relieve pain can also become addicted.【B4】do some people who can get drugs easily, such as doctors, nurses and【B5】Studies show that this type of addict has personality and emotional problems very similar【B6】those of other regular narcotic users.

Many addicts admit that getting a continued【B7】is the main objective of their lives. His concentration on getting drugs often【B8】the addict from continuing his education or his job. His health is often poor. He may be sick one day from effects of withdrawal and sick the next from an overdose. Statistics show that his life【B9】may be shortened by 15 to 20 years. He is usually in【B10】with his family and almost always in trouble with the law.

Some studies suggest that many of the known narcotic addicts had some trouble with the law before they became addicted. Once addicted, they may even become more【B11】in crime because it【B12】so much to support the heroin habit.

Most【B13】agree that the addict's involvement with crime is not a direct effect of the【B14】itself. Turning to crime is usually the only way he has of getting that much money. His【B15】are always thefts or other crimes against property.

Federal penalties for illegal usage were established under the Harrison Act of 1914. The Act【B16】that illegal possession of narcotics is punished by imprisonment. Sentences can【B17】from 2 to 10 years for further offences.

Illegal sale of narcotics can mean a【B18】of $20,000 and a sentence from 20 to 40 years for later offences. A person who sells narcotics to someone【B19】18 is refused parole and probation, even for the first offence. If the drug is heroin, he can be【B20】to life imprisonment or to death.

【B1】

A．amounts

B．statistic

C．figures

D．numbers

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第7题

Auctions are public sales of goods, conducted by an officially approved auctioneer. He ask

s the crowd assembled in the auction-room to make offers, or" bids", for the various items on sale. He encourages buyers to bid higher figures, and finally names the highest bidder as the buyer of the goods. This is called "knocking down" the goods, for the bidding ends when the auctioneer bangs a small hammer on a table at which he stands. This is often set on a raised platform. called a rostrum.

The ancient Romans probably invented sales by auction, and the English word comes from the Latin auction, meaning" increase". The Romans usually sold in this way the spoils taken in war; these sales were called sub hasta, meaning "under the spear", a spear being stuck in the ground as a signal for a crowd to gather. In England in the eighteenth and nineteenth centuries goods were often sold" by the candle": a short candle was lit by the auctioneer, and bids could be made while it stayed alight.

Practically all goods whose qualities vary are sold by auction. Among these are coffee, hides, skins, wool, tea, cocoa, furs, spices, fruit and vegetables and wines. Auction sales are also usual for land and property, antique furniture, pictures, rare books, old china and similar works of art. The auction-rooms at Christie's and Sotheby's in London and New York are world-famous.

An auction is usually advertised beforehand with full particulars of the articles to be sold and where and when they can be viewed by prospective buyers. If the advertisement cannot give full details, catalogues are printed, and each group of goods to be sold together, called a "lot", is usually given a number. The auctioneer need not begin with Lot 1 and continues in numerical order; he may wait until he registers the fact that certain dealers are in the room and then produce the lots they are likely to be interested in. The auctioneer's services are paid for in the form. of a percentage of the price the goods are sold for. The auctioneer therefore has a direct interest in pushing up the bidding as high as possible.

The auctioneer must know fairly accurately the current market values of the goods he is selling, and he should be acquainted with regular buyers of such goods. He will not waste time by starting the bidding too low. He will also play in the rivalries among his buyers and succeed in getting a high price by encouraging two business competitors to bid against each other. It is largely on his advice that a seller will fix a "reserve" price, that is a rise below which the goods cannot be sold. Even the best auctioneers, however, find it difficuh to stop a "knock-out", whereby dealers illegally arrange beforehand got to bid against each other, but nominate one of themselves as the only bidder, in the hope of buying goods at extremely low prices. If such a "knock-out" comes off, the real auction sale takes place privately afterward among the dealers.

The end of the bidding is called "knocking down" because______.

A．the person who offers the highest price wins

B．all the buyers win except one fail

C．the goods are knocked down on to the table

D．the auctioneer bangs the table with a hammer

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第8题

Dear Sirs,The order mentioned above was delivered to our warehouse 2 days after it arrived

Dear Sirs,

The order mentioned above was delivered to our warehouse 2 days after it arrived in Chicago 8th Jan. and we regret that we have to complain about the conditions in which we received it.

In our order we stipulated that we required four dozen of your men's suits pattern CS/7, and in your invoice, No. CP/78, you charged us for this quantity, but it is clear that you have packed only three dozen in Case 3, 【B1】______ . We would therefore appreciate an explanation and your prompt action to send us the missing dozen suits.

Very much more serious is the condition of the ladies' trousers suits that you packed in Case 2. Of the six dozen that this case contains, 【B2】______ . It is quite clear that this is solely due to the totally inadequate way in which they had been packed for you had not lined the case with any waterproof paper. 【B3】______

【B4】______ , whereas in our order we had stated that we required your pattern CS/9 which is stated in your catalogue as being made up from heavy-weight material. There is no market here for tropical suits, and so we must emphasize 【B5】______ .

We must stress that the mistakes that you have made in this first order we have placed with you have caused considerable problems for us. We had hoped to include your products in the Spring Sale that is due to open at the end of February, but as it is, it is now clear that we shall not be able to do so. We wish to stress, therefore, that unless you take immediate action to correct the mistakes that you have made, 【B6】______ .

We now expect your prompt reply.

Yours,

Faithfully

A. please correct all the mistakes as soon as possible

B. that we expect you to replace these suits that have been wrongly delivered with those we ordered without delay

C. we shall certainly not consider further orders with you and shall report your company to the American Trade Promotion Office in New York

D. and we think the price is a little bit too high

E. forty have become very sodden in transit and most of these show signs of rotting

F. we are also surprised that you appear to have sent us three dozen lightweight gentlemen's suits in Case 1

G. we therefore expect your prompt action to remedy this situation

H. and there is no sign of the missing dozen in either Case 1 or 2

【B1】______

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第9题

Sale by Sample

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第10题

When will the sale end？A．Sunday.B．Monday.C．Tuesday.D．Friday.

When will the sale end？

A．Sunday.

B．Monday.

C．Tuesday.

D．Friday.

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