Find the General Statement About the Country of Origin (COO)

question 85

Multiple Choice

Find the general statement about the country of origin (COO) effect listed below that is NOT true.

• A) COO effects are not flexible.
• B) consumers prefer domestic products over imports.
• C) the critical factor appears to be the place of manufacture rather than the location of the company's headquarters.
• D) COO effects do not change very much over time.
• E) demographics make a difference.

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Definitions:

Agreement For Sale

An agreement where title will be transferred at some time in the future, typically once the property is fully paid for; an agreement that grants possession of property to the purchaser pending full payment of the price.

Retake Possession

The act of reclaiming ownership or control of property, typically by a seller or lender from whom the property was bought on credit or leased.

Pay Installments

To make payments for a good or service over a period of time in portions, rather than paying the full amount upfront.

Severance

An owner’s removal of chattel that he has affixed; separation or division of joint ownership; action by one of the co-owners that is inconsistent with joint tenancy.