The U.S. corporation Fun Toys, Inc sets up a firm in China. The parent company remains in the United States and retains complete ownership of the China branch as well as complete authority and control over all phases of the operation. This is
a. a franchise.
b. a wholly owned subsidiary.
c. a joint venture.
d. direct exporting.
b
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a. purpose b. direction c. meaning d. flow
In a family law matter, the initial pleading filed by the petitioner is called the
What will be an ideal response?
A company's old machine that cost $40,000 and had accumulated depreciation of $22,000 was traded in on a new machine having an estimated 20-year life with an invoice price of $45,000. The company also paid $33,000 cash, along with its old machine to acquire the new machine. If this transaction has commercial substance, the new machine should be recorded at:
A. $51,000. B. $45,000. C. $40,000. D. $18,000. E. $33,000.
The distinction between horizontal and vertical restraints often determines whether a restraint is illegal per se or should be judged by the rule of reason test
Indicate whether the statement is true or false