Which of the following best describes direct effect?
A. It is the making of a decision by general agreement and in the absence of any voiced objection.
B. It is the relinquishment of an obligation owed by another.
C. It is a principle whereby a treaty may be invoked by a private person to challenge the actions of a state that is a party to the treaty.
D. It is a principle that governments must make their rules, regulations, and practices open and accessible to the public and other governments.
C
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A(n) ________ channel does not create strong barriers to channel entry for other producers, nor does it provide much control over reseller decisions such as what competing brands to sell
A) one-level B) zero-level C) exclusive D) intensive
Regarding dividends paid on common stock,
A) older, established firms tend to pay lower dividends. B) newer firms in growth industries tend to pay higher dividends. C) some firms don't pay any dividends at all. D) a firm with high dividends is likely to have high stock price appreciation.