Short-term securities are safe to keep idle cash balance. Choose from the following, one appropriate reason for this.

A) low interest-rate risk
B) ease of receiving interest payments
C) high net present value
D) high returns

Answer: A) low interest-rate risk

Business

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Which of the following is a disadvantage of licensing?

A) The licensing company gains entry into a foreign market at a high risk. B) It takes a lot of time for the licensee to gain production expertise and name. C) Licensing is a complex way for a manufacturer to enter international marketing. D) The licensor potentially creates a competitor in the form of the licensee. E) The licensee is restricted from gaining knowledge about the licensor's intellectual property.

Business

The primary goal of compensatory damages is to place the parties in the position that they were

in prior to the formation of the contract. Indicate whether the statement is true or false

Business