The Availability of Low-Cost Technology Coupled with the Capabilities of Foreign

question 15

Multiple Choice

The availability of low-cost technology coupled with the capabilities of foreign distributors has led to substantial:

• A) Increases in exports by small U.S. manufacturers.
• B) Decreases in exports by small U.S. manufacturers.
• C) Disadvantages for large scale U.S. manufacturers seeking to export.
• D) Declines in the number of small U.S. firms seeking to export.
• E) Decreases in costs.

Explain the corporate citizenship concept and its implications for where a corporation can legally operate.

Understand the legal procedures for forming an LLC and the significance of articles of organization.

Discuss the liabilities and legal protections for promoters and directors in pre-incorporation activities.

Examine the legal actions necessary for foreign corporations to do business in another jurisdiction.

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Definitions:

Prejudice

A preconceived opinion or judgment formed without sufficient knowledge or just grounds, often leading to discrimination or negative social actions.

Athletic Superiority

Athletic superiority refers to the superior physical abilities, skills, and accomplishments of individuals or teams in sports and athletic competitions.

Work Ethic

A set of values based on the moral virtues of hard work and diligence.

African Descent

Referring to individuals or groups whose ancestors originated from the African continent, often used in the context of diaspora and historical movements of peoples.