Guanxi, in the Chinese business context, means ________

A) bribing government officials
B) manufacturing inexpensive products
C) personal relationships
D) preference for communism

C

Business

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A doctrine which states that all persons, including the sovereign, are subordinate to the rule of law is called the ________

A. Clean slate doctrine B. Estrada doctrine C. supremacy of the law D. state responsibility

Business

In a best efforts arrangement, the investment bank pledges to use its best efforts to sell all the authorized shares and takes a cut on each individual share that it sells, but provides no guarantee as to how many shares it will sell

Indicate whether the statement is true or false.

Business