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A bond is issued by a guarantor,usually
A bond is issued by a guarantor,usually
admin
2022-08-02
24
问题
A bond is issued by a guarantor,usually fl bank or an insurance company, on behalf of an exporter. It is a guarantee to the buyer that the exporter will fulfill his contractual obligations. If these obligations are not fulfilled,the guarantor undertakes to pay a sum of money to the buyer in compensation. This sum of money can be anything from l% to 100%of the contract value. If the bond is issued by a bank,then exporter is asked to sign a counter indemnity which authorizes the bank to debit his account with any money paid out under the bond. Bonds are usually required in connection with overseas contracts,or with the supply of capital goods and services. When there is a buyer’s market,the provision of a bond can be made an essential condition for the granting of the contract. Middle Eastern countries commonly require bonds,but nowadays many other countries also require bonds. Most international aid agencies,such as the World Bank or the European Development Fund,and most government purchasing organizations in the developing world,now require bonds from sellers. [中国工商银行真题] When the supply for a certain service is less than the demand on the market,the requirement by the importer to get a bond is much( ).A.easierB.more difficultC.more happierD.the same
选项
A.easier
B.more difficult
C.more happier
D.the same
答案
B
解析
由第三段“When there is a buyer’s market,the provision of a bond can be made an essential condition for the granting of the contract. ”可知,在买方市场时,申请保函会更困难。
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