Under the Export Administration Act, a General License

question 39

Multiple Choice

Under the Export Administration Act, a general license:

• A) authorizes a business to import non-sensitive goods
• B) authorizes a business to export non-sensitive goods
• C) authorizes a business to export sensitive goods
• D) requires an application with the Department of Commerce
• E) none of the other choices

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Definitions:

Vehicle Expenses

Costs incurred from the use of a vehicle for business purposes, including gas, repairs, and insurance, which may be deductible.

Leaders

Individuals who guide, influence, or command a group, organization, or country.

Managers

Individuals responsible for planning, organizing, leading, and controlling the work of a group of people to achieve specific goals efficiently and effectively.

Leadership Classifying

The process of categorizing leadership styles or behaviors according to specific criteria or characteristics.