Jill, a native of New Orleans, was living in Berlin and working for a U.S. news magazine. Jill would best be termed a(n)   

A. countertrader.
B. franchisor.
C. expatriate.
D. outsourcer.
E. refugee.


C. expatriate.

Expatriates are those people living or working in a foreign country.

Business

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Under the UPA, which of the following liabilities of a partnership has the highest priority for payment out of partnership assets? Amounts owing to:

A) partners for loans and advances B) nonpartner creditors C) partners for profits D) partners for capital

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Borrowing cash from the bank is an example of which type of transaction?

A. Asset source B. Asset use C. Claims exchange D. Asset exchange

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

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