Although Functionally Equivalent to a Guilty Plea, a No-Contest Plea

question 2

True/False

Although functionally equivalent to a guilty plea, a no-contest plea generally cannot be construed as an admission of guilt in a related civil suit.

---

Definitions:

World's Economy

Describes the global network of economic activities, including production, consumption, and trade of goods and services across different countries.

U.S. Companies

Businesses that are incorporated, operate, or have their primary base of operations within the United States.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale.

Competitive Advantage

The attributes or conditions that allow a company to produce goods or services better or more cheaply than its competitors, leading to a favorable position in the market.