Premier Clothing, Inc, a U.S. firm, obtains a judgment in a U.S. court against Quang Tri, Ltd., a Vietnamese business. Whether the court's judgment will be enforced by a court in Vietnam depends on the Vietnamese court's application of
A) the act of state doctrine
B) the doctrine of sovereign immunity.
C) the principle of comity.
D) the World Trade Organization.
C
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Which of the following statements about hypotheses is false?
a. If the null hypothesis is rejected, we conclude that the variables are not related b. Researchers always test the null hypothesis. c. The alternative hypothesis states that there is a relationship between variables d. A null hypothesis refers to a population parameter e. A null hypothesis is developed so that its rejection leads to an acceptance of the alternative hypothesis
Which of the following is true with regard to pure competition?
A) Under pure competition, no single buyer or seller has much effect on the going market price. B) In a purely competitive market, marketing research is of utmost importance. C) In a purely competitive market, product development is the focus of most firms. D) Under pure competition, the market consists of many buyers and sellers who trade over a range of prices rather than a single market price. E) Under pure competition, the market consists of only a few large sellers.