Answer the following statements true (T) or false (F)

1. ISO certification requirements impact supply chain and location decisions.
2. Price is one of the commerce restrictions.
3. Pharmaceuticals is an industry where Venezuelan government has seized private commercial property.
4. Grouping of firms in a particular location contributes to the notion of sustainability.


1. False
2. False
3. False
4. False

Business

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Matt loaned money to Josh and received a signed security agreement from Josh. To make sure he has priority as a creditor, Matt could

A. file the security agreement in a security deposit box. B. do nothing-the date of signing gives Matt priority. C. take possession of the collateral. D. give the security agreement to his attorney.

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Which of the following does NOT appear on a check that has been cashed?

a. Teller number b. Date of the transaction c. Transaction number d. Time of the transaction

Business

What has been the focus of the public debates over positive/affirmative action policies?

a. Equity and fairness b. Reverse discrimination c. Social justice and economic principles d. Perpetuating stereotypes

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Which of the following is true of the Islamic law of Shari'a?

A) The Shari'a disallows making a reasonable profit from the sale of goods and services. B) All Islamic countries strictly follow the Shari'a to govern all aspects of life. C) The Shari'a encourages riba through the strict payment and collection of interest on loans within stipulated periods of time. D) The Shari'a is primarily used in the areas of marriage; divorce; inheritance; and, to a limited degree, criminal law.

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