In some countries, agreements that are made between companies are not recognized because one country does not enforce the laws. This describes what element of economic forces on businesses?
A) taxation
B) contract enforcement
C) corruption
D) security
E) competitive advantage

Question

Quizplus · Accepted Answer

The correct answer is contract enforcement because it specifically refers to the ability and willingness of a country to uphold and enforce agreements or contracts made between companies. If a country does not enforce laws, it directly impacts the effectiveness and reliability of contract enforcement within that country.

In Some Countries, Agreements That Are Made Between Companies Are