In North America,consumer Electrical Systems Are Based on 110 Volts

question 85

Multiple Choice

In North America,consumer electrical systems are based on 110 volts while in some European countries 240-volt systems are standard.This is an example of:

• A)differences in consumer tastes and preferences.
• B)differences in distribution channels.
• C)differences in infrastructure and traditional practices.
• D)differences in governmental demands.

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Definitions:

Common Stock

A form of corporate equity ownership, a type of security representing an ownership interest in a company.

Liability

A company's legal debts or obligations that arise during the course of business operations.

Asset

An economic resource owned or controlled by a person or entity, which is expected to provide future benefits.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting its liabilities; represents the owners' share.