In China, You May Have an Appointment with a Client

question 9

Multiple Choice

In China, you may have an appointment with a client at noon. It is almost customary for you to show up after the appointment time. If you show up at 1 o'clock, or after, they probably will not think twice about your absence. If this same practice were to happen in the United States, you would probably have little chance of doing business because of it. This reflects the Chinese culture's view of ____ time.

• A)discussion
• B)appointment
• C)message
• D)schedule
• E)acquaintance

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Definitions:

Appraisal Rights

Legal rights that allow shareholders to have their shares appraised and receive compensation in the event of an unfavorable corporate action.

Dissenting Shareholders

Shareholders who disagree with a major corporate decision, such as a merger or acquisition, and are often entitled to certain rights, like selling their shares back to the company at a fair value.

Legal Status

The classification of an individual's or entity's standing under the law, which can affect rights, responsibilities, and jurisdiction.

Value Determination

The process of calculating or assessing the worth of an asset, company, or financial product.