Which of the following is true of the act-of-state doctrine?
A) State-regulated models discourage price-fixing and collaboration among competitors.
B) When the illegal conduct is that of a foreign government, the courts are permitted to examine and decide the merits of any claim alleged.
C) It forbids courts of the United States from evaluating the lawfulness of acts of foreign sovereigns performed within their own territories.
D) It forbids the merger of foreign companies that have significant sales in the United States.
C
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A business using a relationship orientation focuses on creating value-added relationships with ________
A) consumers only B) suppliers only C) government agencies only D) consumers and government agencies E) consumers and suppliers
Accountants and other professionals may not be held liable for negligence in the performance of their service.
Answer the following statement true (T) or false (F)
_____ is asimple method incorporated into a production process designed to eliminate or greatly reduce errors.
A. A poka-yoke B. Six Sigma C. Just-in-time production D. The critical path method
Factoring account receivables involves the business selling its accounts receivable to a finance company, and the finance company assumes any bad-debt risk.
Answer the following statement true (T) or false (F)