An important and practical issue for domestic firms dealing with foreign customers is securing payment.

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


True

Business

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Jake, who runs a health food store, finds it is rewarding to interact with customers who like to eat organic and health food. Hence, he is recognized in the local community. Which objective of retailing does Jake emphasize by this practice?

A. Financial objective B. Societal objective C. Personal objective D. Environmental objective E. Administrational objective

Business

Firms engage in transactions that subject them to specific financial risks. Most firms face risks—that is, variability of outcome—from changes in interest rates, foreign exchange rates, and commodity prices. Firms can purchase financial instruments to reduce these business risks, that is, to reduce the volatility of certain outcomes. Some of these instruments trade in relatively active

markets, like marketable securities, while others have specialized terms and do not trade at all. The general term used for the types of financial instruments that firms might buy to mitigate the risks is a(n) a. swaps. b. derivative. c. forwards. d. futures. e. options.

Business

Under the ____________________ method of amortization, an equal amount of discount or premium is amortized each time interest is paid

Fill in the blank(s) with correct word

Business

The DMCA applies all digital works, including software and digitally downloaded music

Indicate whether the statement is true or false

Business