In the context of established economies, despite setbacks, ________ remains a formidable international competitor and is well poised in all three major economic regions: the Pacific Rim, North America, and Europe.

A. Argentina
B. Chile
C. Japan
D. China


Answer: C

Business

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Indicate whether the statement is true or false

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Nickolls Corporation has provided the following financial data:  Cash$188,000 Accounts receivable, net$285,000 Total current assets$709,000 Total current liabilities$167,000 The company's acid-test (quick) ratio is closest to:

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Chen Stevenson died at the age of 85 leaving behind all his property to Phillip Miller, his butler. The news of the new will that Chen executed three months before his death naming Phillip as the sole beneficiary surprised everyone

By his prior will, he had bequeathed his estate to his two daughters and three grandchildren on a per capita basis. The court took up proceedings to determine the validity of his new will because Chen's rejection of his daughters and grandchildren in his will was uncharacteristic of him. The court most likely suspected this change to be a case of ________. A) constructive trust B) undue hardship C) undue influence D) spendthrift trust

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