For US Workers in Tradable Sectors Such as Manufacturing, the Effect

question 93

Multiple Choice

For U.S. workers in tradable sectors such as manufacturing, the effect of globalization has been:

• A) to push wages up relative to those in nontradable sectors such as government or service workers.
• B) to cause greater upward mobility for those workers while reducing downward mobility.
• C) to push wages down or leave them unemployed.
• D) to reduce unemployment in this group while leaving wage rates about the same.

Recognize the role of promoters before the corporation's formation and the extent of their liability.

Differentiate the characteristics of non-profit corporations from for-profit corporations under the MNCA.

Understand the initiation of a corporation's legal existence according to the MBCA.

Comprehend the duties and liabilities of corporate officers, the board of directors, and promoters towards the corporation and third parties.

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Definitions:

Membership Publications

Publications, such as newsletters or journals, provided exclusively to the members of an organization or club.

Firearms Legislation

Laws and regulations pertaining to the manufacture, sale, possession, and use of firearms.

NRA

National Rifle Association, a US organization advocating for gun rights and firearm ownership.

Direct Technique

A method used by interest groups to influence government officials directly, through lobbying or other forms of direct contact.