Which of the following is true of a subsidiary of a multinational corporation present in a foreign country?
A) The subsidiary corporation is organized under the laws of the home country where the corporation is located.
B) There is a liability shield between the parent company and the subsidiary.
C) The parent company is liable for torts committed by the subsidiary.
D) The subsidiary corporation along with its parent corporation is considered a single legal entity.
Correct Answer:
Verified
Q43: Tom,an investor from the Republic of Senborgia,acquires
Q44: Which of the following is a difference
Q45: Archman Stationeries is looking to takeover Linegraph
Q46: The _ plan provides that existing shareholders
Q47: Luminax Electric,in its bid to take over
Q49: In a tender offer situation,the party that
Q50: Which of the following is a similarity
Q51: Which of the following is true of
Q52: Xanasoft Technologies wishes to acquire Mauvestone Computers.Aware
Q53: The _ plan provides that existing shareholders
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents