_____ Is/are the Resources from Which a Company Expects to Gain

question 57

Multiple Choice

_____ is/are the resources from which a company expects to gain some future benefit.

• A)Liabilities
• B)Owner's equity
• C)Assets
• D)Capital

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Definitions:

Protectionism

An economic policy aimed at restricting imports from other countries through tariffs and quotas to protect domestic industries.

World Trade Organization

An international organization designed to supervise and liberalize world trade, by providing a forum for trade negotiations and dispute resolutions.

Intellectual Property

Legally recognized exclusive rights to creations of the mind, such as inventions, literary and artistic works, designs, symbols, names, and images.

U.K. Bribery Act

A law passed by the United Kingdom in 2010, designed to combat bribery and corruption in both the public and private sectors.