IBM Sold Its PC Division to a Chinese Company Because

question 7

Multiple Choice

IBM sold its PC division to a Chinese company because

• A)IBM realised that labour costs are lower in China.
• B)the PC market in the developed world was saturated, so was no longer attractive to IBM.
• C)the PC was increasingly becoming a multimedia consumer product, whereas IBM is a business-oriented firm.
• D)b and c.

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Definitions:

Acceptance

In the context of contract law, the action of consenting to an offer's conditions, effectively establishing a legally enforceable contract.

Qualified Indorser

An individual or entity that endorses a negotiable instrument, adding conditions or limitations to the endorsement.

Unqualified Indorser

A term likely meant to refer to an unqualified endorsement, where an endorser does not limit their liability on a negotiable instrument.

Liability

The state of being legally responsible for something, especially in terms of debts or legal obligations.