In a contract between Samsung and Best Buy for the purchase of 5,000 television sets, it stated that the laws of Korea would apply if there are any legal disputes. This is an example of a
A) governing law clause
B) venue clause
C) arbitration clause
D) an entire agreement clause
E) liquidated damages clause
A
Business
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The person to whom any negotiable instrument is made payable is called the drawee.
a. true b. false
Business
The analyst turned on his banker's lamp, adjusted his eye shade, and slowly pulled a legal pad from his desk. His weathered hands punched the buttons on his desk calculator deliberately as he divided earnings by total assets in order to calculate:
A) return on assets. B) cost of goods sold. C) merchandise inventory. D) profit margin.
Business