ILEC Speaking Test Practice Questions
ILEC SPEAKING PRACTICE Pt II – Long Turn
Int’l Legal English Ch 12 Negotiable Instruments Law
Read Int’l Legal English Ch 12 Negotiable Instruments Law Reading 1/A before giving a one
minute talk on the following topic:Topic (1) Negotiable Instruments Law Basics
define what right a negotiable instrument gives
describe the two main functions of negotiable instruments
dive examples of negotiable instruments that perform each function
ILEC SPEAKING PRACTICE Pt II – Long Turn
Int’l Legal English Chapter 12 Negotiable Instruments Law
Read Int’l Legal English Ch 12 Negotiable Instruments Law Reading 1/A before giving a one
minute talk on the following topic:Topic (2) Negotiable Instruments Law Basics
briefly define the concept of “negotiability”
outline how this works n the case of a promissory note
explain the protection given by negotiability to holders in due course
ILEC SPEAKING PRACTICE Pt II – Long Turn
Int’l Legal English Ch 12 Negotiable Instruments Law Negotiable Instruments Law
Read Int’l Legal English Ch 12 Negotiable Instruments - Reading 1/A before giving a one
minute talk on the following topic:Topic (3) Negotiable Instruments Law Basics
outline the two main functions of negotiable instruments
give examples of instruments of each type
identify the benefits of using letters of credit for international transactions
ILEC SPEAKING PRACTICE Pt II – Long Turn
Read Int’l Legal English Ch 12 Negotiable Instruments Law Listening 1/A Negotiable
Instruments before giving a one minute talk on the following topic:Topic (4) Negotiable Instruments Law Basics
outline the main purpose of a negotiable instrument
explain the key point(s) required for negotiability
identify some common types of negotiable instruments
Created by Keith Liddicoat
All rights reserved ©2014
106749474
Page 1 of 3
ILEC Speaking Test Practice Questions
ILEC SPEAKING PRACTICE Pt III – Discussion
Int’l Legal English Ch 12 Negotiable Instruments Law
Read Int’l Legal English Ch 12 Reading 1/A before this task.
You are a paralegal in the company law department of a small boutique law firm specialising in
Negotiable Instruments. A manager has asked you to give a talk at the next business expo and
explain some legal aspects of Negotiable Instruments contracts to a group small business people.
Topic (1) Negotiable Instruments Law
Discuss and agree on what to tell the new participants about the: business benefits of using negotiable instruments
two main functions of negotiable instruments
main types (certificates of deposit, promissory notes, bills of exchange)
ILEC SPEAKING PRACTICE Pt III – Long Turn
Int’l Legal English Ch 12 Negotiable Instruments Law
Read Int’l Legal English Ch 12 Reading 1/A before this task.
You work as a senior partner in the Commercial law department of a large law company. A
manager has asked you to give a talk at a national business development expo and explain to
about how to protect their interests when developing their businesses.
Topic (2) Negotiable Instruments Law – Commercial Use
Discuss and agree on what to tell the participants about the: business benefits of using negotiable instruments
main types (e.g. certificates of deposit, promissory notes, bills of exchange)
type of companies issue debentures, and why
ILEC SPEAKING PRACTICE Pt III – Long Turn
Int’l Legal English Ch 12 Negotiable Instruments Law
Read Int’l Legal English Ch 12 Reading 1/A before this task.
You work as an associate in the IP law department of a large law company. A manager has asked
you to give a talk at a international trade expo and explain to a group of participants about how to
protect their commercial interests when trading internationally.
Topic (3) Negotiable Instruments Law
Discuss and agree on what to tell the participants about the: business benefits of using negotiable instruments
main types (letters of credit, promissory notes, bills of exchange)
which may be best for international transactions
Created by Keith Liddicoat
All rights reserved ©2014
106749474
Page 2 of 3
ILEC Speaking Test Practice Questions
ILEC SPEAKING PRACTICE Pt IV – Interview (3-4 minutes)
Int’l Legal English Ch 12 Negotiable Instruments Law
Read Int’l Legal English Ch 12 Negotiable Instruments Law Reading 1/A before this task.
Take turns. Ask your partner one of these questions then answer your partner’s question.
STUDENT A
1.
Generally speaking, what are “negotiable instruments”?
3.
What are some common examples of negotiable instruments?
5.
Generally speaking, what is a “certificate of deposit”?
7.
Generally, what is a bill of exchange and why might companies use one?
9.
From a commercial point of view, what is the benefit of using letters of credit foe
international transactions?
ILEC SPEAKING PRACTICE Pt IV – Interview
Int’l Legal English Ch 12 Negotiable Instruments Law
Read Int’l Legal English Ch 12 Negotiable Instruments Law Reading 1/A before this task.
Take turns. Answer your partner’s question, then ask your partner one of these questions.
STUDENT B
2.
Legally speaking, what does the term “negotiable” refer to?
4.
Broadly speaking, what two main functions do negotiable instruments serve?
6.
In general, what are debentures mainly used for?
8.
Broadly speaking, what is a promissory note and why might companies use one?
10.
Generally speaking, what is an “acceleration clause” in a promissory note and why might it
be included?
Created by Keith Liddicoat
All rights reserved ©2014
106749474
Page 3 of 3
