As Discussed in the Textbook,which of the Following Is True

question 69

Multiple Choice

As discussed in the textbook,which of the following is true in China when an outsider allegedly commits or actually commits fraud in the course of business dealings with Chinese firms?

• A)Because of the governmental interest in increasing international business,it is very difficult to prove fraud when international business is involved.
• B)Because of the governmental interest in increasing international business,few penalties are imposed on international businesses that commit fraud.
• C)Because of the governmental interest in increasing international business,it is very difficult to prove fraud when an international business is involved,and few penalties are imposed on international businesses that commit fraud.
• D)Chinese law does not recognize the concept of fraud.
• E)Fraudulent misrepresentations have resulted in heavy fines and refusals to allow any more agreements with Chinese firms.

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Definitions:

Sinkholes

Depressions or holes in the ground caused by the collapse of a surface layer, often due to the dissolution of underlying limestone.

Quartz Crystals

A common and varied mineral species made of silicon dioxide (SiO2), noted for its hardness and crystalline structure.

Dissolution

The process of a solid substance being dissolved in a liquid, resulting in a solution.

Acidic Waters

Water with a low pH, where the concentration of hydrogen ions is high, often resulting from natural processes or pollution.