If a U.S. firm sells Vietnamese producer equipment that is then used to make clothing that the United States agrees to buy back from Vietnam, the two companies most likely have entered into a countertrade arrangement called a product buy-back agreement.

a. true
b. false

Ans: a. true

Business

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A broker managing 11 properties with security deposits and holding earnest money on 3 transactions needs 14 trust accounts.

a. true b. false

Business

A women's apparel manufacturer in California recently acquired a Houston-based company that manufactures office furniture. This is an example of ________

A) product development B) market development C) market penetration D) diversification E) product differentiation

Business