Answer the following statements true (T) or false (F)
1. A domestic business conducts business in more than one country.
2. A multinational corporation can have partial or full ownership of operations in another country.
3. In order to be a subsidiary of a company, the subsidiary must be located in a different country than the controlling company.
4. Protectionism refers to trade barriers to protect domestic companies and their workers from foreign competition.
1. False
2. True
3. False
4. True
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The taking of personal property from another using force is called larceny
Indicate whether the statement is true or false
Organizations depend more on teams because recent lean budgets have caused ___________.
a. leader staffs b. lower salaries c. fewer programs d. greater program needs
Jack is a guest at Harry's home. While there, he goes into the library and picks up a music box that is part of Harry's collection. Jack overwinds the stem and it breaks. Hoping Harry won't notice, Jack takes the music box for repair to a jeweler who sells similar ones. The jeweler fixes it, but forgets to tag it and an unsuspecting clerk sells it to Robert. Jack is frantic. Can Harry get the
music box from Robert? a. No, the jeweler gives good title to a bona fide purchaser for value. b. No, the jeweler was not a merchant with regard to music boxes. c. Yes, Robert was not a buyer in the ordinary course of business. d. Yes, Robert has assumed only Jack's title, which is no title at all.
The courts may not create implied trusts
a. True b. False Indicate whether the statement is true or false