Many of today's international business law concepts are derived from the law merchant and maritime law, which are the accepted customs and practices of Renaissance-era merchants, traders, bankers, mariners, and ship owners
Indicate whether the statement is true or false
False
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Web-crawling technology searches for counterfeit storefronts and sales by detecting domain names similar to legitimate brands
Indicate whether the statement is true or false
How does U.S. GAAP and IFRS require firms to classify marketable securities?
Donald authorizes Alice to purchase 200 units of a certain electronic component. Alice identifies a suitable vendor and places the order. Alice bribes the vendor to have the goods delivered
Which of the following statements is true of this scenario? A) If Donald accepts the goods purchased by Alice, agency by ratification occurs. B) Alice has not fulfilled her duty of accounting to Donald. C) Duty of reimbursement and indemnification does not require Donald to reimburse the bribe paid by Alice. D) Duty of compensation requires Donald to reimburse the bribe paid by Alice.
Domestic Auto Sales, Inc., promises its salaried employees a bonus at the end of the year if management thinks it is warranted. This promise is
A. enforceable. B. unenforceable because it is not supported by consideration. C. unenforceable because the dollar amount is missing. D. unenforceable because the employees are paid salaries.