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A promise to pay pro rata freight will be ______ merely from acceptance of the goods at an
A.contained
B.implied
C.confirmed
D.transferred
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A.contained
B.implied
C.confirmed
D.transferred
A.where
B.which
C.that
D.when
Software defined networking(SDN) is a telecommunications network () that provides the promise of significant improvements in the network ().
A.solution B.structere C.scheme D.architecture A.throughput B.data rate C.loss D.performance
听力原文: A bill of exchange is a negotiable security signed and dated by the issuer (the drawer). It contains an unconditional order or instruction for the debtor (the drawee) to pay a fixed sum of money to a certain person or to his order upon maturity. If the debtor agrees to this, he accepts the bill of exchange by signing it. Its form, content and legal consequences are regulated by law. A promissory note only differs from a bill of exchange in that it is issued in the form. of a promise of payment made by the debtor instead of a payment order or instruction by the creditor.
28. Who signs and dates a bill of exchange?
29.What is a bill of exchange?
30.Which of the followings regulates the form, content and legal consequences of the bill of exchange?
(28)
A.The drawer.
B.The drawee.
C.The debtor.
D.The payee.
At the end of February, Bry told Ami that he would not complete the plastering in time unless she agreed to increase his payment by a further £1,000. Ami agreed to pay the increased sum in order to ensure that the job was done on time. She then thought it was only fair that she should increase the amount of money promised to Cis by the same amount.
However, on completion of the work on time Ami refused to make either of the additional payments to Bry or Cis, beyond the original contractual price.
Required:
Advise Bry and Cis whether they have any rights in law to enforce Ami’s promise to pay them an extra £1,000.
PartA 2. The National Association of Securities Dealers is investigating whether some brokerage
houses are inappropriately pushing individuals to borrow large sums on their houses
to invest in the stock market. Can we persuade the association to investigate would-be privatizers of Social Security? For it is now apparent that the Bush administration’s privatization proposal will amount to the same thing: borrow trillions, put the
money in the stock market and hope.
Privatization would begin by diverting payroll taxes, which pay for current Social
Security benefits, into personal investment accounts. The government would
have to borrow to make up the shortfall. This would sharply increase the government’s debt. “Never mind”, privatization advocates say, “in the long run, people would
make so much on personal accounts that the government could save money by cutting retirees’
benefits.Even so, if personal investment accounts were invested in Treasury bonds,
this whole process would accomplish precisely nothing. The interest workers would receive on,
their accounts would exactly match the interest the government would
have to pay on its additional debt. To compensate for the initial borrowing,
the government would have to cut future benefits so much that workers would gain nothing at all.
However, privatizersclaim that these investments would make a lot of
money and that, in effect, the government, not the workers, would reap most of those gains,
because as personal accounts grew, the government could cut benefits.
We can argue at length about whether the high stock returns such schemes assume are realistic
(they arent), but lets cut to the chase: in essence, such schemes
involve having the government borrow heavily and put the money in the stock market. That’s because the government would, in effect, confiscate workers’gains in their personal accounts by cutting those workers’ benefits.
Once you realize whatprivatization really means, it doesn’t sound too responsible, does it? But the details make it considerably worse. First,
financial markets would, correctly, treat the reality of huge deficits today as a much more
important indicator of the governments fiscal health than the mere promise that government could save money by
cutting benefits in the distant future. After all, a government bond is a legally binding
promise to pay, while a benefits formula that supposedly cuts costs 40 years from now is nothing
more than a suggestion to future Congresses.
If a privatization plan passed in 2005 called for steep benefit cuts in 2045,
what are the odds that those cuts would really happen? Second,
a system of personal accounts would pay huge brokerage fees. Of course, from Wall Street’s point of view that’s a benefit, not a cost.
第26题:According to the author, “privatizers”are those_____.
[A] borrowing from banks to invest in the stock market [B] who invest in Treasury bonds
[C] advocating the government to borrow money from citizens [D] who earn large sums of money in personal
accounts
Be fired with be given to better off care for far from feel like mix up nothing but turn down
1.I did not see the other car at the time because it was outside my field of_____.
2.Do you think a beautiful face is an_____or not for a woman?
3.Fever is an ______ of many illnesses.
4.The basketball player had _______ sat down before the reporters started firing questions at him.
5.Their old house had been large and spacious;by ______ the new flat seemed small and dark.
6.Every type of plant, with no ______,contains some kind of salt.
7.Parents should pay more attention to their children during their _____ years.
8.Joey came close to_____ after six months of unemployment.
9.I’m tried of being treated like a slave. I’ll_____ immediately.
10.Many of these problems had their ______ in the upper levels of administration.
11.Jonathan’s great grandfather left Ireland for the United States,which was believed to be a land of ____.
12.It’s interesting that some famous modern Chinese writers used to be students of______.
13.Maggie is no _____ woman.She has supported over a hundred children through school by working two jobs at the same time.
14.They _____ to herd Mr.Simpson’s sheep in the mountains the whole summer.
A.illusory promise
B.gift promise
C.preexisting duty
D.illegal consideration
A.for
B.to
C.by
D.towards