Dumping Is

question 116

Multiple Choice

Dumping is

• A) the sale of a good by a foreign supplier in another country at a price below that charged by the supplier in its home market.
• B) an inappropriate method for getting rid of byproducts from a production process.
• C) a method to increase competitiveness in a market.
• D) all of the above.
• E) both a and c above.

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Definitions:

Non-negotiable Instrument

A document or contract that cannot be transferred or assigned from one person to another in a way that the receiver obtains the legal right to it.

Holder in Due Course

A party that has acquired a negotiable instrument in good faith and for consideration, thereby obtaining certain rights free of many defenses available to the original parties.

Checks

Checks are written, dated, and signed instruments that direct a bank to pay a specific amount of money from the writer's account to the person or entity in whose name the check has been issued.

Deposits

Funds placed into an account at a financial institution for safekeeping, which can be used for transactions or as savings.