Title VII and the ADA Protects U

question 37

Multiple Choice

Title VII and the ADA protects U.S. citizens against discrimination in foreign countries:

• A) as long as there is no "undue hardship" on the foreign employer.
• B) if they are employed by American-owned companies.
• C) if they are employed by foreign-owned companies.
• D) regardless of what nation controls the company.

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Definitions:

Sunk Costs

Sunk costs refer to money already spent and permanently lost, which cannot be recovered and should not influence future financial decisions.

Opportunity Costs

A rephrased definition: The potential gains or benefits that are lost when choosing one alternative over another in decision-making.

Gross Margin

The difference between sales revenue and the cost of goods sold, expressed as a percentage of sales revenue.

Income Statement

A financial statement that shows a company’s revenues, expenses, and profits or losses over a specific period.