When dealing with foreign countries, a marketer should refer to "international commercial law" for guidance?

The above statement is false.

Because when dealing with foreign countries, a marketer should look the legal system of the country with which he is dealing or the laws of the country related to the business to check the limitations within business is conducted. There is no such law of international commercial.

income statement is prepared in order to show the profits and loss of a business. in order to prepare the income statement she should collect all the income and expenses of the product with the cost of production.