Business

What is the definition of statutory laws? A) laws governing internati

QUESTION What is the definition of statutory laws? A) laws governing international business activities B) laws governing domestic business activities C) written laws created by legislative bodies D) unwritten laws made by judges ruling on individual cases E) laws made by government boards, commissions, and agencies   ANSWER Answer: C Explanation: C) Statutory laws are […]

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Date: September 3rd, 2020

The decisions judges made in past court cases in similar areas, which

QUESTION The decisions judges made in past court cases in similar areas, which become guides to handling new cases, are called what? A) statutes B) regulatory laws C) treaties D) trade agreements E) precedents   ANSWER Answer: E Explanation: E) Precedents are the decisions judges made in past court cases in similar areas, which become […]

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Date: September 3rd, 2020

When treaties and trade agreements do not cover points of contention b

QUESTION When treaties and trade agreements do not cover points of contention between nations, which of the following bodies sometimes makes decisions that affect international business? A) the United Nations B) the United States C) the European Trade Union D) Canada E) the Peace Corps   ANSWER Answer: A Explanation: A) Decisions of international organizations […]

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Date: September 3rd, 2020

Which of the following, if true, most weakens Amatriya’s argument? A)

QUESTION Which of the following, if true, most weakens Amatriya’s argument? A) In a downturn, growth stocks tend to decline in value much more dramatically than blue-chip stocks. B) The last recession was the most serious one in more than 75 years. C) The owners of Forbes magazine have an extensive portfolio of bonds. D) […]

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Date: September 3rd, 2020

Which of the following, if true, most weakens Felicia’s argument? A)

QUESTION Which of the following, if true, most weakens Felicia’s argument? A) Even among experienced traders, 85 percent of commodity trades lead to losses rather than profits. B) Precious metals continue to appreciate in value, but not as rapidly as they did last year. C) Felicia balances her commodities investments among several different products. D) […]

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Date: September 3rd, 2020

All of the following might be a possible result of taking Felicia’s ad

QUESTION All of the following might be a possible result of taking Felicia’s advice EXCEPT which one? A) Jorge purchases several truckloads of corn and loses money on the storage costs. B) Jorge chooses a commodity that becomes very desirable and makes him a lot of money. C) Jorge chooses a commodity that declines rapidly […]

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Date: September 3rd, 2020

If Jorge takes Felicia’s advice, what is the most important informatio

QUESTION If Jorge takes Felicia’s advice, what is the most important information to learn before he places an order? A) What is the difference between a futures contract and a commodity exchange? B) Can commodities be traded as part of an exchange-traded fund? C) What market factors might make a given commodity rise in price […]

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Date: September 3rd, 2020