题目内容
（请给出正确答案）
Treasury bills are short-term and virtually free of default risk.
A．Right
B．Wrong
C．Doesn't say
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A．Right
B．Wrong
C．Doesn't say
The reasons for the popularity of Treasury bills are the following except that ______.
A．they are the only money market instruments affordable to individual investors
B．they are highly liquid
C．they are risk-free
D．they give higher return than other money market instruments
A．Right
B．Wrong
C．Doesn't say
A、$0.
B、$40,000.
C、$100,000.
D、$200,000.
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.
One day a lawyer's (律师) wife fell iii and he went to get a doctor. The doctor went to see tile woman, but before he went into the house he stopped. He knew that the lawyer never paid his bill (账单). So he said to the man, "But if I do cure (治愈) your wife I'm afraid you may not pay me."
"Sir," said the lawyer, '" here I have $ 500. Whether you cure my wife or whether you kill her I will give you all this."
The doctor was now sure of the payment and went into the house. When he reached the woman's bedside, it was soon clear to him that he could do little. She was badly iii, and though he gave her some medicine to take, she soon died.
He told the lawyer he was very sorry, then asked for the money.
"Did you kill my wife.'？" asked the lawyer.
"Of course not," said the doctor.
"Well, did you cure my wife？" asked the lawyer.
"I'm afraid that was impossible," answered the doctor.
"Well then, since you didn't kill her and you didn't cure her, I have nothing to pay you."
Before the doctor went into the lawyer's house he stopped because ______.
A．the lawyer was too poor to pay his bills
B．the lawyer had a bad name
C．he knew, well he couldn't cure the lawyer's wife
D．it was well-known that the lawyer would not be willing to pay what he should
(ii) the strategy of the business regarding its treasury policies. (3 marks)
(Marks will be awarded in part (b) for the identification and discussion of relevant points and for the style. of the
report.)
Mr. Hill works in a bank, and lives alone. The only family he has is in the next town: his sister lives there with her husband, and her son, Jack. Mr. Hill does not see his sister, or her family, from one year to the next, but he sends them Christmas cards, and he has not forgotten one of Jack's seventeen birthdays.
Last week Mr. Hill had quite a surprise. He drove home from the bank at the usual time, driving neither too slowly nor too fast; he parked his car where he always parked it ,out of the way of other cars, and he went inside to make his evening meal. Just then, there was a knock at the door. He opened the door, to find a policeman standing on the door-step.
"What have I done wrong？" Mr. Hill asked himself. "Have I driven on the wrong side of the road？ Has there been some trouble at the bank？ Have I forgotten to pay an important bill？"
"Hello, Uncle," said the policeman, "My name is Jack."
Mr. Hill ______.
A．works in a bank by himself
B．lives in a bank and works by himself
C．lives by himself and works in a bank
D．lives in a bank by himself
A.The Queen of Britain
B.The Foreign and Commonwealth Office
C.The Prime Minister and Cabinet
D.The Ministry of Defence and the Treasury
