Laws Passed by the U

question 76

Multiple Choice

Laws passed by the U.S.Congress concerning how U.S.businesses trade with Cuba would be an example of _____ factors that influence the business environment.

• A)social and cultural
• B)demographic
• C)economic
• D)competitive
• E)political and legal

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Definitions:

Common Shares

Equity securities that represent ownership in a corporation, providing voting rights and entitling the holder to a share of the company’s success through dividends and/or capital appreciation.

Unamortized Premium

The portion of a bond premium that has not yet been amortized or gradually written off against earnings over the bond's life.

Wholly Owned Subsidiary

A company whose entire share capital is owned by another company, making it fully controlled by the parent company.

Statement of Comprehensive Income

A financial statement that includes all changes in equity during a period, except those resulting from investments by owners and distributions to owners, encompassing both net income and other comprehensive income.