Define the Commerce Clause.
What will be an ideal response?
Answer: The Commerce Clause is a clause in Article I, Section 8 of the Constitution that gives Congress the power "To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes."
Business
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Which of the following modes of entry is a company most likely to use if it would "just like to get its feet wet" in the international marketing arena?
A. Exporting B. Joint venture C. Licensing D. Franchising E. Direct selling
Business
Tiger Training Inc. has decided on a 4-for-1 REVERSE stock split. If the firm currently has 1,600,000 shares outstanding, how many shares will be outstanding after the stock split?
A) 200,000 shares B) 400,000 shares C) 3,200,000 shares D) 6,400,000 shares
Business