A(n) ________ is a fictitious legal entity that is created according to statutory requirements

A) corporation
B) cartel
C) outfit
D) conference

A

Business

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Most benefits that are tax deductible for the firm in its home country are tax deductible outside of the country.

a. true b. false

Business

What is the percentage cost of foregoing the payable discounts when the terms are 1/15 net 45 (rounded to the nearest whole percentage point)?

A) 8% B) 10% C) 12% D) 14%

Business