Xyz firm, the leading producer of leather goods in its country is planning to expand its business. industry experts identify asia as a potential target market. they report that substituteproducts, particularly in india, are highly priced. darren, the operationalhead, feels that exporting their product to india is a good idea. according to him, their price advantage alone will ensure good sales. however, his colleague, mark, who is also the head of product development, feels that darren is too optimistic, and that this venture may not turn out to be as profitable as darren expects it to be. darren's view is based on which of the followingassumptions? a. imports in india usually exceed exports from the country. b.xyz's product is a close substitute for the locally available goods. c.consumers in india are extremely loyal to national brands. d.india has high import tariffs. e.the quality of the domestically produced substitutes is not as good as xyz's product.

James albemarle created a trust fund at the beginning of 2016. the income from this fund will go to his son edward. when edward reaches the age of 25, the principal of the fund will be conveyed to united charities of cleveland. mr. albemarle specified that 75 percent of trustee fees are to be paid from principal. terry jones, cpa, is the trustee. james albemarle transferred cash of $500,000, stocks worth $400,000, and rental property valued at $250,000 to the trustee of this fund. immediately invested cash of $360,000 in bonds issued by the u.s. government. commissions of $7,900 are paid on this transaction. incurred permanent repairs of $9,000 so that the property can be rented. payment is made immediately. received dividends of $8,000. of this amount, $3,000 had been declared prior to the creation of the trust fund. paid insurance expense of $4,000 on the rental property. received rental income of $10,000. paid $8,000 from the trust for trustee services rendered. conveyed cash of $7,000 to edward albemarle.

1. is the act of declaring a drivers license void and terminated when it is determined that the license was issued through error or fraud.

Which of the following comes after a period of recession in the business cycle? a. stagflation b. a drought c. a boom d. recovery