With Respect to Direct Exporting, the Primary Difference Between a Foreign

question 78

Multiple Choice

With respect to direct exporting, the primary difference between a foreign sales subsidiary and a foreign sales branch is that the foreign sales branch:

• A) is larger.
• B) is smaller.
• C) is not a separate legal entity.
• D) uses home country managers.
• E) does not pay taxes.

Know the conditions under which contracts can be void due to incapacity, insanity, or being under the influence of substances.

Distinguish between void and voidable contracts.

Understand the concept of necessaries and beneficial contracts of service for minors.

Identify the legal consequences of breaching contracts involving restrictive covenants or competition clauses.

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Definitions:

Resentment

A feeling of anger or displeasure about someone or something perceived as unfair or wrong.

Affirmative Action

A policy or program designed to counteract historical discrimination against specific groups by providing these groups with access to education and employment opportunities.

Hiring of Minorities

The practice of employing individuals from groups that have historically been discriminated against or underrepresented in the workforce, often as part of diversity and inclusion efforts.

Improvement

The process of making something better or increasing its value through changes or additions.