In investor/holding company transactions, independent investors or holding companies

purchase existing firms.

Indicate whether the statement is true or false

TRUE

Business

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If a transferred negotiable instrument fails to qualify under Article 3 of the Uniform Commercial Code (UCC), it is known as a(n) ________

A) assignment B) nonnegotiable contract C) indorsement D) restrictive indorsement

Business

Michelle, an Italian fashion designer, sells her merchandise by exporting them to the United States, United Kingdom, and Brazil. According to this information, Michelle is most likely involved in:

A. foreign direct investment. B. globalization of production. C. international trade. D. multinational enterprise. E. outsourcing.

Business