Chapter 2 Credit and Financial Instruments 1、Single Choice B、A、A、A、A、B、D、B 2、Multiple Choice BCE、ABCD、AB、ABC、ABD 3,Short Answer Questions 1.(1)commercial credit is between the business of trading of goods,goods provided in the form of credit,a typical way for the credit.A typical commercial credit consists of two simultaneous acts:buying and selling and lending. Commercial credit is a direct credit.Commercial credit has limitations in direction,scale,and maturity. (2)bank credit is a bank or other financial institutions to provide credit in the form of money,is an indirect credit.The bank credit broke through the limitation of the commercial credit in the direction,the scale and the time limit. Redemption:pay off the principal with interest at maturity ▣Liquidity Safety:risk of loss in investment Profitability:regular or irregular revenueChapter 2 Credit and Financial Instruments 1、Single Choice B、A、A、A、A、B、D、B 2、Multiple Choice BCE、ABCD、AB、ABC、ABD 3、Short Answer Questions 1. (1) commercial credit is between the business of trading of goods, goods provided in the form of credit, a typical way for the credit. A typical commercial credit consists of two simultaneous acts: buying and selling and lending. Commercial credit is a direct credit. Commercial credit has limitations in direction, scale, and maturity. (2) bank credit is a bank or other financial institutions to provide credit in the form of money, is an indirect credit. The bank credit broke through the limitation of the commercial credit in the direction, the scale and the time limit. 2.  Redemption : pay off the principal with interest at maturity  Liquidity  Safety: risk of loss in investment  Profitability: regular or irregular revenue