An American Clothing Manufacturer Has Recently Purchased a Clothing Factory

question 75

Multiple Choice

An American clothing manufacturer has recently purchased a clothing factory in Taiwan.This action is known as ________.

• A)importing
• B)exporting
• C)licensing
• D)direct investing
• E)franchising

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Definitions:

75 Percent

A numerical value or percentage that can refer to various things depending on the context, generally indicating three-quarters of a total amount.

Partial Destruction

Damage to property or an item that does not completely render it unusable, but significantly impairs its value or function.

Risk Of Loss

A legal and contractual concept determining which party bears the risk for damage or loss of goods after a sale has been completed but before delivery is made.

Contract Price

The total agreed-upon amount for services or goods detailed within a contract.