Solved

A Potential Buyer in Venezuela Contacts Your Company to Order

Question 18

Multiple Choice

A potential buyer in Venezuela contacts your company to order materials to manufacture military weaponry and to order a quantity of a relatively rare natural resource available in your locale.Your ability to legally respond to the request will be influenced by the:


A) Export Administration Act, which may restrict exports if they endanger national security, harm foreign policy goals, or drain scarce materials.
B) Controlled Commodities List, which would deny the export of any commodity on the list.
C) Arms Export Control Act, which permits the Secretary of Commerce to create a list of controlled goods related to military weaponry, which cannot be exported under any circumstances.
D) All of the above.
E) None of the above; what your company exports is a business decision based only on your business's economic factors and resource availability.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents