From 1950 to 2015

question 7

Multiple Choice

From 1950 to 2015

• A)U)S.imports roughly tripled in size.
• B)the share of U.S.trade in the global economy roughly tripled in size.
• C)U)S.exports roughly tripled in size.
• D)the U.S.economy roughly tripled in size.
• E)U)S.imports roughly tripled as compared to U.S.exports.

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Definitions:

Salomon v. Salomon

A foundational company law case from the UK, establishing the principle that a corporation has a separate legal personality, distinct from its shareholders.

Secured Creditor

A creditor that has a legal claim, or lien, on collateral that secures loan repayment.

Legal Entity

An organization or individual with legal rights and obligations, like a corporation or partnership.

Personal Guarantee

A guarantee of payment for another’s obligation.