What would a seller of goods use to assure payment from a sale of goods overseas?
A) bill of lading
B) warehouse receipt
C) letter of credit
D) negotiable draft
Ans: C) letter of credit
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The assets that are placed into a trust are called directives
Indicate whether the statement is true or false
In the Monsanto Co v. Geertson Seed Farms case discussed in the text, plaintiff-farmers sought a court order declaring that Monsanto was negligent in manufacturing Roundup Ready Alfalfa (RRA), an alfalfa plant genetically engineered to be tolerant of the active ingredient in Roundup. On appeal, how did the court rule?
a. That the plaintiffs lacked standing to sue and that the case was subject to dismissal on that ground alone. b. That the district court properly issued a permanent injunction prohibiting the deregulation of RRA in whole or in part. c. That the plaintiffs had standing but that the district court improperly issued an injunction prohibiting any deregulation whatsoever of RRA. d. That the plaintiffs lacked standing and that the district court properly issued a permanent injunction prohibiting the deregulation of RRA in whole or in part.
Which of the four interest rate components had the greatest average percentage in the period from 1950-1999?
A) Real rate B) Inflation premium C) Historical interest rates D) Default premium
When talking to prospects, it is most important for salespeople to:
A. use buzzwords. B. speak formally. C. use technical jargon. D. ask personal questions. E. provide parables.