When a bankrupt company's only listed address and phone number is a post office box and an answering service, we may see this as a flag of what type of fraud?

a. Illegal concealment of assets
b. Planned bankruptcy fraud
c. Fraudulent transfers
d. None of the above


b
FEEDBACK: a. Incorrect.
b. Correct.
c. Incorrect.
d. Incorrect.

Business

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If the subject matter of a proposed contract is destroyed without the knowledge of either party after the making of an offer but before its acceptance, the offer cannot be terminated.

Answer the following statement true (T) or false (F)

Business

Hank Farren is a salesperson at Outdoor World. He uses his time when there are no customers in the store to telephone people who have purchased camping, hunting, and fishing equipment from him recently to determine if they are satisfied and have future needs. This is an example of ________ selling.

A. relationship B. involved C. benefit D. transaction E. partnership

Business

Which of the following goods is likely to be the most income elastic?

Business

One of the most important tasks of the international HR department is to gather information about the culture of countries where the MNE does business to try to estimate the cultural differences between the home countries of employees and the countries where they may be assigned. This can help to prevent ______.

a. future shock b. culture shock c. international disorientation d. expatriate stress

Business