When the goods do not conform to the sales contract, the bank may stop payment immediately even if the documents are correct and complete.

accept , discount, against, dishonoured, attached , hypothecation, credit, draw, ownership, amount

When a Letter of Credit has been confirmed, the agent bank in the seller's country usually asks for the shipping documents, and often corite to the seller to say that they are willing to【21】a draft on them for the【22】. This draft (another name for Bill of Exchange) is often【23】to the shipping documents and is called a Documentary Bill of Exchange. Banks often state that the seller can【24】on them for the amount of the Credit.

A buyer or his bank may ask the seller if he is willing to allow them a period of 30, 60, or 90 days to pay. They may write. "can you present your drafts for 60 d/s?" this is a form. of【25】and allows the buyer time to pay. The agent bank will normally accept a draft【26】documents, because they need them to make sure that the title to【27】has been transferred.

Some times the bank demands a letter of【28】so that they have the right to sell the goods if the Bill of Exchange is【29】, that is, if the buyer or his bank do not pay. This does not apply to irrevocable documentary credit.

However, the bank can【30】the Bill of Exchange by deducting the interest for the period the draft has to go before maturity.

(11)

The traffic lights were red when the motorist moved to them. To the surprise of this passenger the car did not slow down. Suddenly the passenger was thrown forward in the car as the driver stopped it at the last minute. The car stopped in time. "Sorry," said the driver, "I didn't notice the light. I thought it was green until 1 saw that it was the top light which was shining. I am color blind, I can't see red colors as you can."

This strange story is quite true. In fact about ten men in every hundred suffer from color blindness in some way, women are luckier-only about one in two hundred is affected like this. Perhaps, after all, it is safer to be driven by a woman!

Color blindness can be dangerous. For example, when fighting in the woods at night soldiers use lights to signal to each other. A green light may mean "advance" and a red light may mean" Danger! keep back!" You can see what will happen if somebody thinks that red is green !

Birds and animals which hunt at night can not see colors. As far as we know, bats can not see colors at all--only light and dark shapes. The eyes of some insects are very strange. They have thousands of little "eyes" all joined together. Insects can see ultra-violet rays (紫外线) which are invisible to us, and some of them can even see X-rays. Indeed, scientists know that there are other colors around us which insects can see but we can not.

One scientist experimented with some ants which normally keep their eggs in the dark. When he put their eggs in the sunlight, the ants quickly dragged them into a dark place. The eggs were then put in different colored rays of light, when the scientist shone an ultra-violet ray on the eggs, then ants quickly dragged them into the red light, thinking that it was dark- ness. Some insects have favourite colors. Mosquitoes like blue but do not like yellow. A red light will not attract insects, but a blue lamp will.

In a similar way human beings have favourite colors. Blue is often popular because it is the color of the cool sky and sea. Green is a peaceful color which makes us think of wide fields and forests. Yellow is the cheerful color of the sun. On the other hand, red is the Color

of blo, d and fire. It makes some people think of accident, danger and blood. Black is the col- or of night. In the dark we cannot see what is around us, so we are sometimes afraid of the unknown and so not like black as a color. Perhaps that is why it is often the color of sadness. Yet we are lucky. We can see many beautiful colors by day, and we can see shapes but not color at night. One day we may even learn more about the invisible colors around us.

From the story at the beginning of the passage we know it is dangerous for a driver______.

A．to see red traffic lights

B．not to notice the traffic lights

C．to be color blind

D．not to see the red traffic lights

Bribery may lead to murder. A month ago reporters rushed to the(1)of a crime. At the spot the detective seemed even hardly aware of their(2)as he did his work. He carefully searched for(3)over every inch of the house. After a while, he bent over to pick up a small torn(4)of fabric. Nothing could(5)from his search. The detective(6)that this piece of fabric was(7)from the murderer's clothing during a struggle.

  The(8)had been the finance director of a very large computer hardware manufacturer. His wife, a timid woman,(9)everything she knew with the detective, including a hot(10)her husband had with some of the company's top executives at a banquet. There had been a scandal(11)bribery at his company. He was(12)the business of many of the top executives. He had(13)that some people were giving special favors to government officials to get(14). He often questioned their moral(15)and told them that he would accuse them if they were doing something they shouldn't,(16)caused problems for him. His questioning and accusing often left him at(17)with many of the executives. This time it had led to a(18)blow on his head. The detective caught(19)of a crucial clue, a brass button in the corner. It was from a jacket of one of the top executives. Later this executive and the company's president was(20). Of course this is not the end of the story.

Bribery may lead to murder. A month ago reporters rushed to the(1)of a crime. At the spot the detective seemed even hardly aware of their(2)as he did his work. He carefully searched for(3)over every inch of the house. After a while, he bent over to pick up a small torn(4)of fabric. Nothing could(5)from his search. The detective(6)that this piece of fabric was(7)from the murderer's clothing during a struggle.

  The(8)had been the finance director of a very large computer hardware manufacturer. His wife, a timid woman,(9)everything she knew with the detective, including a hot(10)her husband had with some of the company's top executives at a banquet. There had been a scandal(11)bribery at his company. He was(12)the business of many of the top executives. He had(13)that some people were giving special favors to government officials to get(14). He often questioned their moral(15)and told them that he would accuse them if they were doing something they shouldn't,(16)caused problems for him. His questioning and accusing often left him at(17)with many of the executives. This time it had led to a(18)blow on his head. The detective caught(19)of a crucial clue, a brass button in the corner. It was from a jacket of one of the top executives. Later this executive and the company's president was(20). Of course this is not the end of the story.

Bribery may lead to murder. A month ago reporters rushed to the(1)of a crime. At the spot the detective seemed even hardly aware of their(2)as he did his work. He carefully searched for(3)over every inch of the house. After a while, he bent over to pick up a small torn(4)of fabric. Nothing could(5)from his search. 正确he detective(6)that this piece of fabric was(7)from the murderer's clothing during a struggle.

  正确he(8)had been the finance director of a very large computer hardware manufacturer. His wife, a timid woman,(9)everything she knew with the detective, including a hot(10)her husband had with some of the company's top executives at a banquet. 正确here had been a scandal(11)bribery at his company. He was(12)the business of many of the top executives. He had(13)that some people were giving special favors to government officials to get(14). He often questioned their moral(15)and told them that he would accuse them if they were doing something they shouldn't,(16)caused problems for him. His questioning and accusing often left him at(17)with many of the executives. 正确his time it had led to a(18)blow on his head. 正确he detective caught(19)of a crucial clue, a brass button in the corner. It was from a jacket of one of the top executives. Later this executive and the company's president was(20). Of course this is not the end of the story.

Xiaoyan decides to buy a Iife assurance policy, so that she can get more pension income when she retires. This was suggested by the accountants. She must pay in ￡100 regularly each month, and she cannot get anything back until she is 65 years old. These kinds of assurance policies may give better yields than deposit accounts. Life insurance is also included. If one dies before 65 years old , the policy pays out much more than the investment. A life assurance can provide added security. She thinks it will be a good long-term Investment.

21. Why did Xiaoyan ask the accountants？（）

A. She was worried about her future.

B. She was losing much money.

C. She wanted to have a pension.

22. What was suggested by some accountants？（）

A. Life insurance.

B. Life assurance.

C. Her retirement.

23. How often does she have to pay？（）

A. Until 65 years old.

B. Monthly.

C. Every year.

24. When will she get a pension？（）

A. When she changes jobs.

B. When she stops working.

C. When she is 65 years old.

25. What kind of investment is life assurance？（）

A. Short-term.

B. Low-risk.

C. Long-term.