In the context of established economies, the United States has considerable foreign direct investment in ________.
A. Mexico
B. the United Kingdom
C. the Netherlands
D. Canada
Answer: D
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A businessperson who enters into a contract with an investor on behalf of a future corporation is not personally liable on the deal, even though the firm is not yet formed, because the nature of investment is risk.
Answer the following statement true (T) or false (F)
Because failure to record a liability generally leads to failure to record an expense, it usually results in an overstatement of income
Indicate whether the statement is true or false
Cars, groceries, and clothing are all examples of goods.
Answer the following statement true (T) or false (F)
How much return does a typical angel investor expect from his or her investment?
a. angel investors have no expectation of return b. double the amount invested within 2 years c. 10 times the investment in 5 years d. 3 times the investment within 3 years