While Many Major Corporations Have a Global Presence,stateless Corporations Are

question 4

Multiple Choice

While many major corporations have a global presence,stateless corporations are different because they _____.

• A) have no board of directors
• B) are socially responsible
• C) are more concerned with human rights
• D) are usually more profitable
• E) attempt to transcend nationality altogether

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Definitions:

Best Course of Action

The most suitable or advantageous strategy or decision to take in a given situation.

Annual Rate

The interest rate for a whole year, as opposed to a rate for a shorter period.

Terms of Payment

The conditions under which a seller will complete a sale, often specifying the period allowed to a buyer to pay off the amount due.

Compensating Balance

A minimum bank balance that a borrower must maintain as a condition for obtaining a loan, often used to compensate banks for the loan services.