After 1913,the Process of Globalization That Had Begun in the Nineteenth

question 12

Multiple Choice

After 1913,the process of globalization that had begun in the nineteenth century began to __________.

• A)accelerate
• B)accelerate regionally but decrease globally
• C)decrease
• D)decrease regionally but accelerate globally

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Definitions:

Entrustment

The transfer of goods to a merchant who ordinarily deals in that type of goods. If the merchant subsequently sells them to a good-faith third-party purchaser, the buyer acquires good title to the goods.

Merchant Authority

The legal ability of a retailer or agent to act on behalf of a business in a way that binds the business.

Void Title

A legal term indicating that a transfer of property or title lacks legal validity or enforceability.

Good Faith

A sincere intention to be fair, open, and honest, regardless of the outcome of the engagement or agreement.