13.By paying a premium into an insurance pool, the___earns the right to claim compensation from the pool should he suffer loss. A. assurer B. assured C. loser D. winner ...

7.___holds that a person cannot be allowed to insure twice for the same risk, and claim compensation from both insurers. A. Subrogation B. Indemnity C. Utmost good faith D. Contribution ...

1.If you say that a crate contains copper when in fact it contains platinum, it would be against the principle of . A. Insurable interest B. Utmost good faith C. Indemnnity D. contribution and subrogation ...

5.Counter trade represents an extreme form of bundling, and money as a unit of account is totally bypassed. A. 错误 B. 正确 ...

14.When the contract is made by the seller, it is called ____. A. a sales contract B. a purchase contract C. the preamble of the contract D. the contract proper ...

8.If Volkswagen sold 5000 cars to a country and agreed to purchase goods from list set up by the importer over a period of time up to the value of the cars, it is . A. barter B. counter purchase C. buyback D. compensati...

2.In the case of , documents are handed over to the importer upon his acceptance of the bill of exchange drawn by the exporter. A. D/A B. D/P at sight C. D/P after sight D. sight draft ...

6.As the most powerful institution of the EU, the Council of Ministers has the power to pass legislations. A. 错误 B. 正确 ...

15.Which of the following is NOT true about an international turnkey project A. The firm undertakes all the designing, contracting and facility equipping. B. Such projects are often large and complex. C. Such projects often tak...

9.Tariffs levied on goods entering an area are . A. customs B. import duties C. export duties D. quotas ...