Assume That Tom Sells a Crate of Florida Oranges to a Retailer

question 253

Multiple Choice

Assume that Tom sells a crate of Florida oranges to a retailer in Canada and Susan sells a U.S. bond to a customer in Britain. Which of the following illustrates the difference and/or similarity between these two transactions?

• A)Only Tom will actually receive U.S. dollars as a result of this transaction.
• B)The sale of the bond generates a liability, while the sale of the oranges does not.
• C)Both sales generate an asset for the United States.
• D)Both sales generate a liability for the United States.

---

Definitions:

Politicking

Engaging in political maneuvering or scheming, often with the aim of gaining personal advantage in a work or social context.

Build Rapport

The process of establishing a connection or mutual understanding between individuals or groups.

Authority

The power or right to give orders, make decisions, and enforce obedience.

Legitimate

Something that is lawful, valid, or justified according to established rules, principles, or standards.