Apex Corp Is a Wholesaler for Global Electronics in the French

question 21

Multiple Choice

Apex Corp. is a wholesaler for Global Electronics in the French market. Global Electronics discovered that Apex Corp. was diverting some of its goods to the English market. Apex Corp. could get a greater profit in the English market because the goods were bought by the firm at a cheaper price in France. In the context of the above scenario, which of the following forms of business is Apex engaged in?

• A) Black marketing
• B) Parallel importing
• C) Backwashing
• D) Industrial piracy
• E) Smuggling

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Definitions:

Spinalis Thoracis

A muscle in the back that is part of the erector spinae muscle group, helping to extend and stabilize the thoracic spine.

Longissimus Thoracis

A muscle in the back that helps extend, rotate, and laterally flex the spine.

Serratus Posterior Superior

A muscle situated in the upper back that helps in elevating the ribs during inhalation.

Elevate the Ribs

The action of increasing the thoracic cavity volume to aid in inhalation, primarily performed by the intercostal muscles.