Under a floating exchange rate system, the government bears the responsibility to ensure that the BOP is near zero

Indicate whether the statement is true or false.

Answer: FALSE

Business

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A party contracts to guaranty the collection of the debts of another. As a result of the guaranty, which of the following statements is correct?

A. The creditor may proceed against the guarantor without attempting to collect from the debtor. B. The guaranty must be in writing. C. The guarantor may use any defenses available to the debtor. D. The creditor must be notified of the debtor's default by the guarantor.

Business

Which of the following sales force structures are gaining popularity in today's competitive selling environment for companies that emphasize relationship selling?

a. product based b. geographic based c. industry or market based d. customer based

Business