Drivers of Guanxi Include All of the Following EXCEPT

question 42

Multiple Choice

Drivers of guanxi include all of the following EXCEPT:

• A)Lack of governance mechanisms
• B)Infrastructure shortcomings
• C)Collectivism
• D)Elitism
• E)Information access

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Definitions:

Implied Warranty

A legal assumption that goods are fit for the purpose for which they were sold, even if not explicitly stated.

Merchantability

A warranty that a product sold will meet reasonable expectations of the buyer, including that it is of average acceptable quality and is fit for the purpose for which it is sold.

Defective

Pertaining to a lack of perfection, flaws, or deficiencies in a product, service, or legal document that impair its quality, functionality, or legality.

Security Interest

Any interest “in personal property or fixtures which secures payment or performance of an obligation” [UCC 1–201(37)].