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apply to, complicated, imitation, is consistent with, Auction Market, generate, credit worthy, regardless of, deteriorate, attach to, boycott, obligation |
17.A Transferring bank shall be under no ______ to effect such transfer except to the extent and in the manner expressly consented to by such bank.
18.The Extension consists of a length of steel tube with a coupling on the other end to ______ a handwheel or some other type of operating device.
19.The general provisions in the constitution ______ its generality and the particular provisions to its particularity.
20.A ______ of companies that do not sign on to a pledge to endorse a shorter term could work.
21.With a subscription to ______ Resource, you can view details of thousands of items sold at jewelry auctions around the world.
22.The quality policy can be used for improvement provided that it ______ top management’s vision and strategy for the organization’s future.
23.While copying is often dismissed as a sign of a lack of imagination, some studies have shown that ______ actually leads to better innovation.
24.Because the art of manufacturing mao-tai is ______ and its production cycle is long, the output of mao-tai is extremely limited.
25.The Letter of Guarantee shall become automatically null and void upon its expiration ______ whether it is returned to us or not.
Ⅳ.Reading Comprehension (20%)
A.Read the passage and answer the questions.
Where you keep your savings is important both to you and to our economic system. Savings kept in a jar at home or in a safe-deposit box are idle. They are not circulating and doing the work that money is supposed to do. If all savings were just stored away, production should slow down. There would be fewer jobs and less income. Savings deposited in a bank, however, are put to work by the bank. They are loaned to people who use them to buy cars, refrigerators, or other durable goods. They are also loaned to business firms who use them to buy factories, stores, machines, office equipment, and other capital goods. Someone else spends the money you don’t spend. The wheels of our economic system keep turning.
Putting savings to work is called investing. Savings can be invested in several ways. Depositing them in a bank is only one way. Savings also can be used to buy bonds or life insurance. They can be invested in a business of your own or used to buy shares of stock in a corporation. They can be used to buy land, a home to live in, or property to rent to others. Each of these different ways of putting money to work is an investment.
When you put your savings in a bank, the bank invests them along with the savings of other depositors. You invest your money indirectly. When you buy bonds or stock or property, you invest your money directly.
26. If lots of people kept savings at home, ______. ( )
A. production would speed up
B. more jobs would be provided
C. money would do the work it was supposed to do
D. none of the above is true
27. Savings deposited in a bank are ______. ( )
A. lent to people and business firms who are in need of them in the form of loans
B. circulating
C. bringing profits to both you and the bank
D. all of the above
28. “The wheels of our economic system keep turning” means ______. ( )
A. the economic system is out of order
B. the economic system works properly
C. the economic system is out of control
D. the economic system advances rapidly
29. Which of the following is not an investment? ( )
A. Depositing your mother’s money in a bank.
B. Buying shares of stock in a liability corporation.
C. Lending money to your friend’s to buying bonds or life insurance.
D. Sending your daughter to Harvard University.
