Naida Baronowski is an American fashion designer who has a design firm in Chicago. Naida has been successful in the U.S. and wants to expand her operation overseas. She hopes to open shops in Paris, Milan, Madrid, Rome, Vienna, and Moscow in the next several years. Naida is unfamiliar with foreign operations. She comes to you, her attorney, for advice about how she should pursue her goal of

becoming an international fashion company. Naida moves manufacturing operations to the Philippines. Under Philippine law, Naida does not have to use flame-retardant fabric in her clothing, as she must in the US. If Naida attempts to ship clothing from her Philippines plant into Los Angeles, customs officials will:
a. charge her a higher entry fee because her clothes do not meet U.S. safety standards
b. do nothing because the U.S. trades with the Philippines on a most favored nation basis c. allow the clothes through customs but will issue Naida a citation
d. bar the clothes from entering the U.S. because they fail to meet U.S. safety standards
e. bar the clothes from entering the U.S. because they do not meet international safety standards


d

Business

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Credits are always on the _____________________ side of the T account

Fill in the blank(s) with correct word

Business

On May 1, the Chris Company borrowed $30,000 from the Third Street Bank on a 1-year, 6% note. If the company keeps its records on a calendar year, an entry is needed on December 31 to increase

a. Interest Expense, $600. b. Interest Expense, $1,800. c. Interest Payable, $900. d. Interest Payable, $1,200.

Business

In the ______ method of job analysis, also called a technical conference method, a panel of experts bring to the process their strong knowledge of the jobs they evaluate.

A. subject matter expert panel B. interview C. observation D. diary

Business

_____ labeling is designed to help consumers make proper product selections and lower their cognitive dissonance after the purchase

a. Informational b. Persuasive c. Perspective d. Instructional

Business