INSTRUCTIONS: Choose the Word or Phrase in [ ] Which

question 161

Multiple Choice

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.
-A [global | international] fund invest exclusively in foreign securities.

• A)for the first item
• B)for the second item
• C)if neither item will correctly complete the statement.

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Definitions:

Judgment

A formal decision or order given by a court that resolves a legal dispute between parties and may involve the awarding of damages or the imposition of sanctions.

Partnership Agreement

A legal document that specifies the rights, responsibilities, and share of profits and losses among the partners in a business venture.

Authority

The legal power or right given to an individual or entity to make decisions, conduct transactions, or enforce rules and regulations.

Remedies

Legal means for enforcing a right or redressing a wrong, including monetary damages, injunctions, and specific performance.