One negative of expatriates is that they can focus too much on short-term results
Indicate whether this statement is true or false.
Answer: TRUE
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Generally accepted accounting principles are the "ground rules" used in the preparation of:
A. Income tax returns. B. All accounting reports. C. Reports to federal and state regulatory agencies. D. Financial statements.
Which statement most accurately describes third party beneficiary rights?
a. A beneficiary may enforce a contract if the parties intended to benefit him and if enforcing the promise will satisfy a duty of the promisee to the beneficiary. b. If a promisee intended to make a gift to the beneficiary, the beneficiary may not enforce the contract. c. An intended third party beneficiary has no enforceable rights in a contract. d. Incidental beneficiaries have enforceable rights against both contracting parties.