Why do you think Whirlpool had to file multiple lawsuits before it won import protection?
a. due to the tough import competition it faced from Samsung and LG.
b. due to the country-hopping technique that Samsung and LG indulged in
c. due to president Donald Trump’s “America First” slogan
d. because Samsung and LG practiced unlawful pricing of washing machines imported from South Korea and Mexico
b. due to the country-hopping technique that Samsung and LG indulged in
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How will the payee of the promissory note record the note on its books?
a. The promissory note will be recorded as an asset. b. The promissory note will be recorded as a liability. c. The promissory note will be recorded as revenue. d. The promissory note will be recorded as an expense.
Book value is another term for carrying value
Indicate whether the statement is true or false
The U.S. in recent years has had a significant deficit in its current account. This means that the U.S. citizens are exporting more than they are importing.
Answer the following statement true (T) or false (F)
Which of the following is an illustration of the possession of tangible token rule?
A) An obligee who is owed $10,000 assigns the right of collecting $5,000 each to two assignees. B) The right of collecting $10,000 is recorded in the assignee's savings account passbook. C) The assignee can re-assign the right only to a subassignee selected by the obligee. D) An obligee cannot assign a right to collection more than once.