The Securities Litigation Reform Act of 1995:
a. makes companies strictly liable for misstatements b. increases the prison terms for securities violators
c. imposes greater liability on companies that make predictions about future performance d. changes the liability standard in securities fraud cases to negligence
e. none of the other choices
e
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A clothing store decides to expand to the international market and follows the same strategy in Europe and Asia that it did in North America. Their sales in Asia fail to pick up. What general environment dimension is affecting this company?
A. The technological dimension B. The economic dimension C. The international dimension D. The sociocultural dimension E. The natural dimension
Presentment warranties protect the person who presents an instrument for payment.
Answer the following statement true (T) or false (F)
Export credit insurance provides assurance to the exporter or the exporter's bank that, should the foreign customer default on payment, the insurance company will pay for a major portion of the loss
Indicate whether the statement is true or false.
What is a major drawback of sole proprietorships?
A) Short-term focus of shareholders B) Work flexibility C) Low start-up costs D) Unlimited liability E) Structured hours