Firms engage in foreign direct investment (FDI) for a number of reasons. How may these reasons for FDI be classified?

(a) Market related
(b) Trade related
(c) Cost related
(d) All of the above
(e) (a) and (c) only


(d) All of the above

Business

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The point of cash receipt for revenue and cash disbursement for expenses is important under the accrual basis when determining income

Indicate whether the statement is true or false

Business

Life insurance companies like Prudential hope to get you to worry about how your loved ones will be provide for themselves once you have passed away. They paint a very gloomy picture of the possible consequences of not having life insurance, and they make a point of recommending that you act immediately because you never know when it is going to be too late. This is an example of a ________.

A. life cycle appeal B. rhetorical appeal C. fear appeal D. humorous appeal E. security appeal

Business

If an offer specifies no time limit in which to accept,

a. the offeree has 30 days to respond. b. the offeree has 10 days to respond. c. the offer is not valid and therefore it does not matter when the offeree responds. d. the offeree has a reasonable period during which to accept.

Business

A draft is payable "to the order of Joe Jones or to bearer." Sally finds it and demands payment. Should the drawer pay Sally?

a. No, unless Joe Jones's name is crossed off. b. No, unless "bearer" is handwritten. c. Yes, since the word "or" is contained in the instrument, either Joe Jones or the bearer of the draft may obtain payment. d. No, the terminology is ambiguous and therefore the draft must be paid only to the order of Joe Jones.

Business