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MagNet,a Small United States Computer Company,started Doing Business in a Foreign

Question 24

Multiple Choice

MagNet,a small United States computer company,started doing business in a foreign country.The foreign country later decided to take over all computer industry,including MagNet's operation.The foreign country paid MagNet inadequate compensation in United States dollars.The foreign country's action is:


A) called confiscation, and the action is generally illegal.
B) called repatriation, and the action is generally legal.
C) called expropriation, and the action is generally legal.
D) called inflow profit streaming, and its legality depends upon whether MagNet agrees to the action.

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