The Asian economic block, made up of Indonesia, Malaysia, the Philippines, Singapore, Brunei, Thailand, Cambodia, Myanmar, and Vietnam, is referred to as the:
A. Association of Southeast Asian Nations (ASEAN).
B. Asian Economic Union.
C. Southeast Asia Common Market.
D. Southeast Asia Free Trade Agreement (SEAFTA).
Answer: A
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The Fair Debt Collection Practices Act does not prevent creditors' agents from harassing debtors or using misleading tactics.
Answer the following statement true (T) or false (F)
The mission of the Fair Labor Association (FLA) is to ______.
a. assess and certify that certain suppliers treat their workers ethically b. force developing country governments to crack down on sweatshops c. encourage major corporations to bring work back to developed nations where workers are treated ethically d. prosecute Western businesses for employing sweatshop labor through third parties
If a company erroneously records a $50 check received from a customer as $500 in its records, which of the following must occur when reconciling its bank statement?
A) The company must increase the balance per its records by $500. B) The company must increase the balance per its records by $450. C) The company must decrease the balance per its records by $500. D) The company must decrease the balance per its records by $450.
The common law of contracts normally takes precedence over the provisions of the UCC
Indicate whether the statement is true or false