Which of the Following Is a Credit Item (+)In the U.S.balance

question 27

Multiple Choice

Which of the following is a credit item (+) in the U.S.balance of payments?

• A)U.S.companies sell merchandise abroad.
• B)Foreign companies sell merchandise to U.S.consumers.
• C)U.S.consumers send money to foreign companies.
• D)Immigrants to the United States send presents of money back to their families in their native countries.
• E)Immigrants to the United States send presents of goods back to their families in their native countries.

---

Definitions:

Partner's Liability

The legal responsibility of a partner in a partnership for the debts and obligations of the partnership.

Torts

Legal wrongs committed by one party against another, leading to civil legal liability and compensation claims, not arising from contractual obligations.

Course Of The Business

The usual dealings and functions of a business within its chosen industry.

Contractual Relationship

A legally binding connection between two or more parties defined by a mutual agreement and enforceable by law.