require the supplier to monitor the buyer' s revenue and thus increase administrative cost. A: Wholesale Price Contracts B: Buy-Back Contracts C: Revenue-Sharing Contracts D: Sales Rebate Contracts

Which of the following is the advantage of forward contracts comparing to future contracts?

Contracts are very different in low and high context cultures. How do high context cultures view contracts?

2.试把下列短语译成汉语。 (1) minutes of talks (2) memorandum (3) validity clauses of contracts (4) definition and whereas (5) assignment and guaranty of contracts (6) rescission and termination of contracts (7) default and escape (8) arbitration and jurisdiction (9) international conventions and practice (10) international business contracts

2.试把下列短语译成汉语。 (1) minutes of talks (2) memorandum (3) validity clauses of contracts (4) definition and whereas (5) assignment and guaranty of contracts (6) rescission and termination of contracts (7) default and escape (8) arbitration and jurisdiction (9) international conventions and practice (10) international business contracts

Which of the following statements is most accurate() A: Forward contracts require that both parties to the transaction have a high degree of creditworthiness. B: Forward contracts are marked to market daily. C: Futures contracts have more default risk than forward contracts.

Which of the following statements is least accurate() A: Futures contracts are easier to offset than forward contracts. B: Forward contracts are generally more liquid than futures contracts. C: Forward contracts are easier to tailor to specific needs than futures contracts.

For contracts placed under FOB terms, the insurance is arranged by the importer.

Businesses that bid on government contracts use the G2B business model.

Which of the following is most likely to be a feature common to both forward and futures contracts? A: Daily marking to market of contracts B: Standardization of the contract’s terms and conditions C: Their use for hedging or speculation