The Requirement by the U

question 69

Multiple Choice

The requirement by the U.S.government that its subsidiaries abroad comply with trade restrictions with Cuba is an example of ________.

• A) utilitarianism
• B) extraterritoriality
• C) absolute advantage
• D) relative advantage

---

Definitions:

Paid-In Capital

Paid-in capital is the amount of money that a company has received from shareholders in exchange for shares of stock, exceeding the par or stated value of the shares.

Retained Earnings

The part of net earnings kept by the company instead of being paid out to its shareholders in the form of dividends.

Stock Dividend

A dividend payment made to shareholders in the form of additional shares, rather than cash, based on the proportion of shares already held.

Common Stock

A type of equity security that represents ownership in a corporation, giving shareholders the right to vote on corporate matters and receive dividends.