Which statement is true of natural resources in terms of global trade or a country's economy?
A. The past decade has witnessed the discovery of an abundance of natural resources.
B. Petroleum is the only natural resource that affects international marketing.
C. Vast differences in natural resources result in minor shifts of wealth among countries.
D. Steep declines in the price of oil had a negative impact on America's oil producers.
Answer: D
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A company operating its business as a(n) ________ cannot have more than 100 shareholders.
A. limited liability company B. S corporation C. sole proprietorship D. joint venture
Flo tells Ginger during a phone call that she will buy her textbook from last semester for $65. Ginger agrees. These parties have
A. no contract. B. an express contract. C. an implied contract. D. a quasi contract.
A seller's form clearly states no warranty is included. The buyer's form states that the seller warrants the goods for one year. In this case:
What will be an ideal response?
Final regulations can take effect on any of the following dates except
A. the effective date of the statutory language they interpret, provided they are issued within 18 months of the date of the change to the statute. B. the date on which final regulations were proposed. C. the date on which they were issued in final form. D. the date on which related temporary regulations were first published in the Federal Register.