The Text Discusses the Tsukiji Fish Market as an Example

question 59

Multiple Choice

The text discusses the Tsukiji fish market as an example of a global commodity chain because:

• A) one can trace the hands fish pass through in a network that connects previously unconnected people and locations.
• B) merchants in Tokyo opted to sell only local produce to make the market more sustainable.
• C) it has become the largest tourism attraction in Tokyo.
• D) it is a shifting of core and periphery because goods and money are flowing from the periphery to the core.
• E) prices for tuna are determined on the New York Stock exchange rather than in Tokyo, with the standardized prices improving the income of Japanese fishermen.

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Definitions:

Defect Of Title

A legal issue with the title to a property that may prevent a seller from providing clear ownership, affecting the ability to sell or transfer the property.

Personal Defences

Legal arguments used by individuals in court to justify their actions or to deny liability.

Holder In Due Course

A person who acquires a negotiable instrument before its due date that is complete and regular on its face, and who gave value for the instrument, without any knowledge of default or defect in the title of prior holders.

Negotiable Instrument

A written document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the name of the payer and payee.