China and India require that when foreign firms enter into joint ventures with local firms, the local partners must have the controlling ownership stake. What is this an example of?
A) Local content laws
B) Business practice laws
C) Fair trade agreements
D) Quotas
E) Subsidies
Answer: A
Explanation: A) Local content laws are requirements that products sold in a country be at least partly made there. Firms seeking to do business in a country must either invest there directly or take on a domestic partner.
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A) the expected growth rate of dividends B) the risk-free rate C) the dividend D) both A and B
Recommended practices for hiring and retaining honest employees include:
a. having the applicant certify that all information on their resume is accurate. b. conducting interviews at on off-site, neutral location. c. having each company who has previously hired the applicant sign a "hold harmless agreement." d. All of the choices are recommended practices for hiring and retaining honest employees.