The World Trade Organization and GATT helped reduce international trade barriers after World War II
Indicate whether the statement is true or false
TRUE
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Which of the following is one of the requirements for forming an express trust?
A. The settlor need not necessarily attain the age required by state law for the creation of valid wills and contracts. B. The trust cannot be created for a reason that is contrary to public policy. C. The beneficiaries cannot be members of a specific class, such as "my children." D. The settler must name a trustee for the trust and a substitute trustee in the event the named trustee refuses to act.
Which of the following selects a desired message out of a set of possible messages that may consist of written or spoken words, pictures, music, or combinations of these?
A. sender B. receiver C. channel D. noise
Describe the wheel of loyalty
What will be an ideal response?
Which of the following types of inventory financing is generally used when the inventory put up as collateral is relatively low priced, fast moving, and difficult to identify individually??
A. ?Recourse B. ?Factoring C. ?Trust receipts D. ?Warehouse receipt E. ?Blanket liens