Extraterritoriality can be defined as
A)the power of one nation to create trade restrictions that involve other countries
B)the power to regulate tariffs in foreign nations as provided for by GATT.
C)the power of one nation to impose its laws in other countries.
D)the power of a company to extend its subsidiaries overseas without abiding by trade laws.
C
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Under the "perfect tender rule" the buyer may reject the goods if they fail in any respect to conform to the contract
a. True b. False Indicate whether the statement is true or false
Beta is a/an ________ measure of risk and assumes that investors hold a ________ portfolio
A) absolute; well-diversified B) relative or comparative; risk-free C) relative or comparative; well-diversified D) absolute; risk-free
Linda agrees to buy Missy's Greyhound race dog for $2,000. Linda is to deliver the money and take possession of the dog the next morning. That night, running his best race ever, the dog runs away from Missy, never to be seen again. What will be the outcome in this case?
A. Linda must give $2,000 for the dog, but only if the dog was insured. B. Linda must give $2,000 for the dog, but only if Missy can find a replacement dog within a reasonable time. C. Missy must find another dog for Linda or pay her $2,000. D. Linda does not have to pay for the dog; the contract duties are discharged.
If a dividend increases, but leads to a stock price decrease, what theory would best explain such a reaction by the market?
A) Expectations Theory B) Signaling Theory C) Dividend Preference Theory D) Residual Dividend Theory