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International Business Class (Scenario)
Students in Professor Manning's international business class have been assigned the task of explaining the different types of FDI. Professor Manning formed groups among students. The groups are to research their assigned topic and present their information to the class using examples of real-world firms for illustration. Jessica Hanson is the leader of Group A; Manu Patel is the leader of Group B; and Mario Witherspoon is the leader of Group C.
-During his presentation, Manu describes how a large U.S. retailer entered the Mexican market by purchasing the stores and assets of a Mexican retailer. Which of the following topics was most likely assigned to Group B?
Surplus
The amount by which revenues, resources, or supplies exceed what is needed or used; in finance, it refers to profit or the amount by which income exceeds expenditures.
Revised Article 9
An update to the Uniform Commercial Code that deals with secured transactions; it governs the process of securing assets to back a loan.
UCC
The Uniform Commercial Code is a widespread legislative schema that guides all commercial operations in the United States.
Security Agreement
is a legal document that provides a lender a security interest in a specified asset or property that serves as collateral for a loan.
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