What Are Mini-Multinationals

question 53

Multiple Choice

What are mini-multinationals?

• A) multinational firms from relatively small countries in terms of area
• B) multinationals from the developing nations of the world
• C) multinational firms that operate in only one foreign country
• D) medium- and small-size multinationals
• E) subsidiaries of large multinationals in foreign countries

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Definitions:

Identified Person

An individual who has been recognized or singled out from others based on specific criteria or identifiers.

Indorsed

means to have a signature added to the back of a financial instrument, thereby authorizing its use or transfer to another party.

Order Paper

A financial instrument made out to a specific individual or entity and can only be transferred to a new holder when endorsed by the named party.

Special Indorsement

An endorsement on a negotiable instrument, such as a check, that specifies the person to whom or to whose order the money is to be paid.