_______ Is the Risk That Arises from the Effects of Foreign

question 28

Multiple Choice

_______ is the risk that arises from the effects of foreign exchange rates on the translated value of a corporation's accounts,denominated in a given foreign currency.

• A) Accounting exposure
• B) Economic exposure
• C) Macro-political risk
• D) Micro-political risk

Understand the implications of contractual capacity and legality on the enforceability of contracts.

Examine the consequences of contract breaches and the available remedies.

Distinguish between executed, executory, void, voidable, and unenforceable contracts.

Apply principles of contract interpretation and the importance of the contract's formality.