Which of the Following Would Not Be Counted in the U.S

question 116

Multiple Choice

Which of the following would not be counted in the U.S. BOP current account?

• A) Helen, an American oil engineer, is a paid adviser to Middle Eastern countries in the area of petroleum extraction.
• B) General Motors Corporation owns buildings that are situated in Mexico.
• C) France purchases a new jet fighter aircraft from the Boeing Company in the U.S.
• D) Martha receives a $50 dividend check on stock she owns in a business in Germany.

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Definitions:

Authorized Shares

The maximum number of shares that a corporation is legally permitted to issue, as stated in its articles of incorporation.

Corporation

A legal entity separate from its owners, with its own rights and liabilities, capable of conducting business.

Legal Entity

An organization that has legal rights and obligations, including the ability to enter into contracts and own assets, separately from its owners.

Public Corporation

A type of company that issues shares of stock that are publicly traded on one or more stock exchanges.