In the Chapter 14 opening scenario on Apple, the key lesson is that companies can no longer discuss consumer relations solely in the context of the United States

Indicate whether the statement is true or false


TRUE

Business

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Kingsland is a country that has been exporting apples to the United States for over a century, shipping 300 tons to Georgia each month. However, last month, Kingsland violated a trading norm which was not condoned by Georgia. Which of the following measures should be taken to regulate apple imports from Kingsland?

A. Georgia should stop trading with Kingsland after serving a notice. B. Georgia should stop trading with Kingsland without serving a notice. C. Georgia should appeal to the federal authority which can stop imports from Kingsland. D. Georgia should make Kingsland export its apples to North Carolina.

Business

A promoter who enters a preincorporation contract in the name of the corporation usually remains liable on the contract even if the corporation adopts it

a. True b. False Indicate whether the statement is true or false

Business

A class of stock for which there is no minimum legal capital is called:

A. Noncumulative stock. B. No-par stock. C. Callable stock. D. Discounted stock. E. Convertible stock.

Business

Investing in bonds typically has higher risk than investing in stocks

Indicate whether the statement is true or false.

Business