An action to undo a contract is called restitution

Indicate whether the statement is true or false


FALSE

Business

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If a dollar of money is used 5 times in transactions in an economy over the course of a year and the supply of money is $120 billion, what is the volume of total spending in the economy?

A. $5 billion B. $600 billion C. $240 billion D. $20 billion

Business

A ______ factor that can complicate our communication with members of other cultures is defined as using vague or general words in place of those considered to be too blunt or harsh.

What will be an ideal response?

Business

When you make a hotel reservation, it is automatically guaranteed

Indicate whether the statement is true or false.

Business

The negative implications for the operation of a foreign-based subsidiary due to joint venture laws and restrictions can result in ________.

A) high degree of leverage B) deficit in balance-of-payment position for the home country C) difficulties obtaining the remission of profits D) manipulation of tax rules

Business