A 3-for-1 stock split of a $3 par value share will result in three shares of $1 par value being issued for each share of $3 par value stock

Middle-income economies are often referred to as developed countries

Indicate whether the statement is true or false

MedPlus Incorporated, based in the United States, hesitates to enter into a joint venture with Azpak Limited, a Sri Lankan company, due to inadequate protection of intellectual property rights. MedPlus is trying to avoid what type of risk?

A. Political B. Legal C. Ethical D. Economic E. Ethnographic