What Is the Primary Sources of Funds for Finance Companies

question 171

Multiple Choice

What is the primary sources of funds for finance companies?

• A) Individual savings
• B) Premiums paid on policies
• C) Employee/employer contributions
• D) Other financial institutions

Comprehend the mechanisms for resolving international business disputes, including arbitration and judicial decisions.

Recognize the different methods and legal frameworks for conducting international business, including exporting, direct investment, and the use of foreign agents and distributors.

Understand the role of national laws and their extension to international law and how they influence international business.

Acknowledge the significance of jurisdictional aspects and choice-of-law in international contracts and disputes.

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Definitions:

Implied Warranty

A legal concept that guarantees certain conditions or features are present in a product or service, even if not explicitly stated.

Operation of Law

Changes in legal rights or obligations that occur automatically due to established laws, rather than the actions or agreements of individuals.

Express Statements

Clearly articulated and directly communicated declarations or assertions.

Implied Warranty of Fitness

An assurance that a product will meet a buyer’s specified purpose when the seller knows the particular purpose for which the buyer will use the goods.