A freight forwarder performs which of the following functions?

A) arranging the fastest and cheapest transportation of products to and from foreign suppliers
B) taking title to the goods it exports and imports from country to country
C) acting as a sales representative in a foreign market
D) valuing products that qualify for favorable tariffs

A

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Which of the following would give the bankruptcy judge the right to deny a debtor a discharge in a Chapter Seven filing?

A. Inability of the debtor the pay more than 50% of his outstanding debts. B. A debtor paying off a pre-existing debt which constituted a preference. C. A debtor making a false statement under oath. D. A debtor whose exempt property is worth more than the total amount of his outstanding debt E. NONE of these.

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Which of the following statements related to status/power is incorrect?

a. When the Chinese enter a room, they do so in rank order with the highest ranking person last. b. In France high-level executives sit in the middle of the work area. c. U.S. businesspersons perceive an office located in the top floor to be a sign of status. d. Age is viewed as an indication of seniority in Asian cultures.

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