According to the Results of a Study of R

question 113

Multiple Choice

According to the results of a study of R.L.Tung,the number one reason that Japanese expatriate managers fail is:

• A) inability of spouse to adjust
• B) lack of technical competence
• C) personal or emotional problems
• D) inability to cope with larger overseas responsibilities
• E) ethnocentric attitudes

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Definitions:

Securities Act Of 1933

A U.S federal law enacted to ensure more transparency in financial statements so investors can make informed decisions about investments, and to establish laws against misrepresentation and fraudulent activities in the securities markets.

Registration Statement

A set of documents, including financial statements and a prospectus, filed with the Securities and Exchange Commission before a company offers securities for sale to the public.

Privity Of Contract

The principle that a contract imposes rights and obligations only on the parties to the contract, and not on any third parties.

Restatement Test

A doctrine used to reinterpret or clarify existing laws or legal principles, often through a secondary authoritative source that restates the law.