Which of the following is true regarding a corporation that conducts business in a foreign country using a branch office?
A) A branch office is a separate legal entity.
B) The corporation is liable for the contracts of a branch office, but not for torts committed by the personnel of a branch office.
C) The corporation is liable for torts committed by the personnel of a branch office, but is not liable for the contracts of a branch office.
D) A corporation is not liable for torts committed by the personnel of a branch office, or for the contracts of a branch office.
E) A corporation is liable for torts committed by the personnel of a branch office, and also for the contracts of a branch office.
Correct Answer:
Verified
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