A choice-of-law clause designates the jurisdiction for the litigation of disputes arising under a contract.
Answer the following statement true (T) or false (F)
False
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When the equity method is used to account for an investment in stock, dividends received by the investor decrease the investment account
Indicate whether the statement is true or false
A pro forma financial statement is
a. a financial statement for past periods. b. a projected or budgeted financial statement. c. presented for the form but contains no dollar amounts. d. a statement of planned production.
Investigations of large multinationals in manufacturing and service sectors reveal that
A. for most companies, the world's marketplace is triad-based rather than global. B. the 500 largest multinationals are responsible for about half of the global stock of foreign direct investment. C. most of these firms have achieved broad and deep penetration of international markets as a whole. D. a majority of these firms generate an average of about half of their worldwide revenues within their home region. E. a majority of them use a global strategy.
In which of the following situations is the adoption of a survival pricing objective most
appropriate? A) An electronics maker is introducing a top -of-the-line LCD television range that incorporates the latest in 3D technology. B) An automobile firm that specializes in mid-range sedans wishes to project itself as a maker of inexpensive, yet luxurious cars that can match more expensive supercars. C) A wholesaler has a large stock of processed foods left unsold after a hurricane alert turned out to be misplaced. D) A furniture maker is setting up a new store in an up -and-coming neighborhood in the affluent part of the town.