You're Travelling in Japan and Are Thinking About Buying a New

question 165

Multiple Choice

You're travelling in Japan and are thinking about buying a new kimono.You've decided you'd be willing to pay $175 for a new kimono, but kimonos in Japan are all priced in yen.If the exchange rate is 89 yen per Canadian dollar, what is the highest price in yen you'd be willing to pay for a kimono? (Assume no taxes or duties are associated with the purchase.)

• A)1.97 yen
• B)1,925 yen
• C)330.75 yen
• D)15,575 yen
• E)19,425 yen

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Definitions:

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a significant violation of a contractual agreement that permits the other party to the contract to demand remediation or terminate the agreement.

RMBCA

The Revised Model Business Corporation Act, which guides the incorporation and operation of corporations in many U.S. states.

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