国际结算练习程丽萍)答案完整版

E x e r c i s e 1

一、Make choice of whether the following bills are acceptable or not.

Mark X before acceptable or unacceptable you chose.

(1) A bill shows: pay to ABC Co. providing the goods in compliance

with contract the sum of one thousand US Dollars. It is ☐acceptable

/ ⌧unacceptable.

(2) A bill shows: pay to ABC Co. the sum of ten thousand US dollars

on condition that shipment of goods has been made. It is ☐acceptable

/ ⌧unacceptable.

(3) A bill shows: On demand pay to the order of ABC Co. the sum of

twenty thousand US dollars drawn against shipment of 10bales cotton

piece goods from Tianjin to London. It is ⌧acceptable /☐

unacceptable.

(4) A bill shows: pay to ABC Co. out of proceeds of sale of woollen

blankets the sum of one thousand US dollars. It is ☐ acceptable /

⌧unacceptable.

(5) A bill shows: pay from our No. 2 account to ABC Co. the sum of

one thousand US dollars. It is ☐ acceptable /⌧unacceptable.

(6) A bill shows: pay to ABC Co. or order the sum of one thousand pounds

and debit our No. 2 account. It is ⌧ acceptable / ☐unacceptable.

(7) A bill shows :after customs clearance pay to the order of ABC Co.

the sum of twenty thousand US dollars. It is ☐acceptable /

⌧unacceptable.

(8) A bill shows: pay to Mary the sum of fifty pounds and give her

a suit of clothes. It is ☐ acceptable /⌧unacceptable.

(9) A bill shows: pay to the order of ABC Co. the sum of one thousand

pounds plus interest. It is ☐ acceptable /⌧unacceptable.

二、(1) A bill is payable at XX days after sight, what date is the

day from which time of payment begins to run?

The date of acceptance

(2)A bill is payable at XX days after date, what date is the day from

which time of payment begins to run?

The date of issuing

(3) The maturity of one month after 31 Jan. is28 Feb

(4) The maturity of 180 days after 4 April is 1 Oct

(5) The maturity of 180 days from 6 Nov.1999 is 3 May. 2000

三、Fill in the following blank forms to draw a bill of exchange. The bill

includes the requisite items as follows:

(1) date: 22 May,200X

amount: GBP21,787.00

tenor: at 90 days after sight

drawer: China National Animal By products Imp.& Exp. Corp, Beijing Branch, Beijing

drawee: Bank of Atlantic, London

payee: the Order of China National Animal By product Imp.& Exp.

Corp, Beijing Branch

(2) date: 23 July,2000

amount: USD 35,461.50

tenor: on 31 Oct, 2000 fixed

darwer: George Anderson Inc, New York

drawee: Irving Trust Company, New York

payee: Brown and Thomas Inc. or order

drawn against shipment of cotton form Australia to St. Louis.