Which One of the Following Is a Method to Minimize

question 10

Multiple Choice

Which one of the following is a method to minimize the chance that political risk events will adversely affect the firm?

• A) focus on the long term
• B) rely on common available supplies
• C) use local resources
• D) refuse to bargain with the government

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Definitions:

UCC Section 1-203

A principle under the Uniform Commercial Code emphasizing good faith and fair dealings in the performance and enforcement of commercial contracts.

Cash on Delivery (COD)

A transaction method where payment for goods is made at the time they are delivered rather than in advance.

Inspection Allowed

A provision in agreements that grants one party the right to examine goods, documents, or facilities before finalizing a transaction.

Conform

To act or be in accordance with established rules, standards, or laws.