Smith & Jones Associates is a business customer of Town Bank. Under federal law, Smith & Jones cannot demand
A) any proof of payment except Town'sgood faith
B) monthly statements.
C) recrediting of its account on payment of a forged item.
D) the return of its original checks with its monthly statements.
D
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A nation having absolute disadvantages in the production of two goods with respect to another nation has a/an ___________ in the production of the good in which its absolute disadvantage is less.
A. competitive advantage B. monopolistic advantage C. absolute advantage D. comparative advantage E. mercantilist advantage
Victor Inc., a producer of headphones used with cell phones and MP3 players, uses contract manufacturing overseas. The firm is concerned that tariffs may be increased. Under which component of situation analysis will an examination of this issue be found?
A. political, legal, and ethical factors B. natural factors C. competitive factors D. logistical factors E. economic factors
Employees of PromoPrint, a manufacturer of custom promotional products, enter into negotiations over terms and conditions of employment. After 3 months of negotiations, the parties are still unable to reach an agreement. The employees organize a boycott of PromoPrint products. As part of the boycott, they picket outside a local independent gift shop asking customers not to buy PromoPrint products at the gift shop. Under the Taft-Hartley Act of 1947, the employees are conducting:
A. A legal secondary boycott. B. An illegal secondary boycott. C. A legal primary boycott. D. An illegal primary boycott.
Which of the following statements is true about language training in the context of selection criteria for international assignments?
A. Language training is less important in countries like Russia, where successful integration is independent of the ability of an expatriate to converse in Russian. B. According to research, expatriates are most likely to learn the local language if the host country is a developing nation. C. Being able to speak with locals in their own language is a major milestone for many expatriates in finally feeling connected to the foreign country. D. Traditionally, managers from English-speaking countries have done very well in the language area.