The ________ ________ ________ is an international organization that regulates trade among participating countries and helps importers and exporters conduct their business.

What will be an ideal response?


World Trade Organization
WTO

Business

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Which of the following is true of the liability to creditors in the process of continuation of a partnership?

A. Withdrawing partners are liable for new obligations though they have given a notice of withdrawal. B. Withdrawing partners are liable for prior obligations even though they are released by novation. C. Continuing partners are the only people liable for prior obligations. D. New partners are liable for prior obligations only to extent of contribution unless they agree to greater liability.

Business

Explain why effective communication occurs only when the source and the receiver have a mutual frame of reference

What will be an ideal response?

Business

Large wholesale and retail buyers typically

A. mistrust automatic inventory control methods. B. see themselves as selling agents for manufacturers. C. pay close attention to each of the products they buy. D. buy most of their products as straight rebuys. E. None of these answers is correct.

Business

After doing considerable shopping, Kai has just decided what brand and type of athletic shoes to buy and where he's going to buy them. In what stage of the consumer buying decision process is Kai?

A. Problem recognition B. Information search C. Evaluation of alternatives D. Purchase E. Postpurchase evaluation

Business