【易学PTE】听力练习10 | Listening: Practice Set 10

Practice Set 10: Listening- Fill in the Blanks

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You will hear a recording. Below is a transcription of the recording. Some words in the transcription differ from what the speaker soid. Please click on the words that are different.


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Well there…there… there’s a positive obligation on the bank to ensure that the people who are signing a loan guarantee, understand what they’re doing. Loaning guarantees are er kind of rare in that.. in that someone is giving security or a guarantee and placing themselves at risk for someone else, and they receive nothing substantial in return. So you ‘ve got to ask yourself why is this person doing this, do they know what they’re doing? They are risking a lot, and not really getting anything back for it. So the imperative is that the bank must establish that these people know what they’re doing , and that they fully understand the repercussions of what they’re doing , and they know that their assets may be sold if another person doesn’t meet their obligation.




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