Which of the Following Would Be an Example of Customary

question 51

Multiple Choice

Which of the following would be an example of customary international law being developed?

• A)Two states agreeing to lower domestic tariffs or face internationally imposed penalties.
• B)A state changing its human rights practices,due to international pressure.
• C)A state being recognized by the United Nations.
• D)States giving prisoners of war access to the Internet even if not legally required to do so.
• E)The creation of a new international judicial body to prosecute terrorists.

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Definitions:

Inventory

Items that a company holds for the purpose of selling in the normal course of business, or materials used in the production of goods to be sold.

Dividends

Funds disbursed by a company to its stockholders, typically from earnings.

Consolidation Worksheet

A tool used in preparing consolidated financial statements that combines the financial information of a parent company and its subsidiaries.

Goodwill Impairment

A charge that companies record when the book value of goodwill on their balance sheets exceeds its estimated fair value, indicating the asset has decreased in value.