The United States and Argentina have signed the Convention on Contracts for the International Sale of Goods (CISG). Oxtron, Inc, a U.S. company, and Leer, an Argentinean company, have entered into a contract under which Oxtron is to ship medical devices to Leer. The contract does not include a choice of law provision. The contract will be governed by
A)the CISG
B)the ICC.
C)the domestic contract law of Argentina.
D)the domestic contract law of the United States.
A
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What will be an ideal response?
Inventory levels for firms using JIT inventory systems compared to firms not using JIT will be:
a. Higher for both work in process and finished goods. b. Higher for work in process and finished goods but lower for raw materials. c. Lower for raw materials, work in process, and finished goods. d. Higher for finished goods but lower for raw materials and work in process.
Which is not a strength of LMX?
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According to Professor David Robinson of the University of California-Berkeley's Haas School of Business, MPR
A) directly and measurably results in sales of goods and services. B) is a technique used to foster communication between a firm and its constituencies. C) demonstrates the persuasive power of advertising. D) is traditionally the basis for all exchange transactions. E) was first developed by a nineteenth-century, British economist.