A small company can deal with changing currency rates by
A) stating contracts in US dollars as opposed to the international currency.
B) locating all plants in countries with the most advantageous exchange position.
C) limiting sales in each country so as to reduce exposure to any one currency.
D) following the advice of the international sales manager.
A
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Mateo uses a credit card issued by Big Bank. Mateo stopped paying his credit card bills and now owes Big Bank $2,000. Big Bank calls Mateo daily demanding payment and intends to file a civil lawsuit in state court. Mateo files bankruptcy on April 3rd. On April 14th, may Big Bank continue calling Mateo and file the civil lawsuit in state court?
A. Yes, Mateo has breached his contract. B. Yes, bankruptcy is federal court and the civil lawsuit will be in state court. C. Yes, unless the Trustee declares Big Bank’s claims invalid D. No, because of the Automatic Stay E. No, because of fraudulent transfers
Federal trial courts are known as district courts
a. True b. False