The Authors Refer to Companies That Have Access to a ________

question 59

Multiple Choice

The authors refer to companies that have access to a ________ as MNEs, and firms without such access are identified as ________.

• A) global cost and availability of capital; domestic firms
• B) large domestic capital market; geographically challenged
• C) world financial markets; antiquated
• D) none of the above

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Definitions:

Parol Evidence Rule

A legal principle in contract law that prevents parties from presenting extrinsic evidence of terms not included in the written contract.

Oral Evidence

Testimony or information presented in verbal form, as opposed to written or physical evidence, during legal proceedings.

Fraud

A deliberate deception practiced to secure unfair or unlawful gain, often involving financial transactions.

Guarantor

An individual or entity that agrees to be responsible for another’s debt or performance under a contract if the original party fails to meet their obligations.