The completion of an originally incomplete instrument in an unauthor¬ized manner is not a defense against payment on the instrument to an HDC
Indicate whether the statement is true or false
T
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When comparing and contrasting the differences between a localized multidomestic strategy and a global strategy you would not say that
A. a global strategy involves striving to be the global low-cost provider by economically producing and marketing a mostly standardized product worldwide, whereas a multidomestic strategy entails pursuing broad differentiation and striving to strongly differentiate its products in one country from the products it sells in other countries. B. a global strategy often entails use of the best suppliers from anywhere in the world, whereas a multidomestic strategy may entail fairly extensive use of local suppliers (especially where use of local sources is required by host governments). C. a global strategy tends to involve use of similar distribution and marketing approaches worldwide, whereas a multidomestic strategy often entails adapting distribution and marketing to local customs and the culture of each country. D. a global strategy entails extensive strategy coordination across countries and a multidomestic strategy entails little or no strategy coordination across countries. E. a global strategy relies upon the same technologies, competencies, and capabilities worldwide, whereas a multidomestic strategy often entails the use of somewhat different technologies, competencies, and capabilities as may be needed to accommodate local buyer tastes, cultural traditions, and market conditions.
The risk of a portfolio containing international stocks generally contains less nondiversifiable risk than one that contains only domestic stocks
Indicate whether the statement is true or false
The Federal estate and gift taxes are examples of progressive taxes.
Answer the following statement true (T) or false (F)
The official way a system works as described in organizational documentation is referred to as a(n):
A) formal system. B) informal system. C) official system. D) desired system. E) primary system.