Answer:
All valid laws and all valid official actions derive their legitimacy from the Constitution and through it, from the people. In other words, the Constitution is law because it is a social contract in which the people consent to government exercising certain powers
Answer:
- Sponsorship of international athletes and teams.
Explanation:
Non-sport-related corporations must use the 'sponsorship of international athletes and teams' to sell their products internationally as the positive and popular public image of the athletes would promote a sense of prestige that would captivate the audience's trust and promote the credibility of the product. Sponsorship of renowned people associated to a particular product is often employed as a marketing strategy to target the intended audience. Thus, <u>'sponsorship of international athletes and teams'</u> would be the primary and most effective way to sell the products internationally.
The correct answer is B. Buying a good in one market and selling it in another for a profit.
Explanation:
The term "arbitrage" is used in the economy and similar contexts to describe the process in which a person, company or similar profits due to the differences in prices in different markets. This commonly implies an asset, product or service is bought in one market at a low price and then this is sold into a different market at a higher price which implies profit for the entity or individual that buys and sells the good. For example, a company or individual can buy a certain product in a foreign market where is cheaper due to the price of the foreign currency or changes in prices and then sell this at the local level. Therefore, arbitrage refers to buying a good in one market and selling it in another for a profit.
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