_______________ Involves Multinational Corporations Establishing Subsidiaries for the Sale or Distribution

question 53

Multiple Choice

_______________ involves multinational corporations establishing subsidiaries for the sale or distribution of their final goods abroad.

• A)Backward vertical integration
• B)Forward vertical integration
• C)Linear integration
• D)Horizontal integration

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Definitions:

Fixture

An item of personal property that becomes real property when attached in a permanent manner to real estate.

Constructively

refers to a legal interpretation where an action or condition is treated as existing by virtue of a legal fiction, even if not in actuality.

Bailment

Bailment describes the process of placing personal property into the temporary custody or care of another, with the expectation of its return.

Real Property

Land and anything permanently affixed to it, such as buildings and natural resources.