Jackson owns a business in a foreign country that is considered "friendly" with the U.S.but which has significant political unrest.Jackson is uneasy about the situation in the country.He is concerned that his business could be the subject of a taking by the foreign country or losses due to civil unrest.What advice would you give him?

Question

Quizplus · Accepted Answer

The best option would be for Jackson to seek insurance through the Overseas Private Investment Corporation, as they specialize in providing insurance for foreign risk and are a U.S. government agency. This would provide Jackson with a higher level of security for his business during times of political unrest. Seeking reimbursement through the U.S. government may not be a reliable option, and selling the company and leaving the country may not be the best financial decision. While seeking insurance through a privately run company may also be an option, going through a government agency may provide Jackson with additional benefits and protections.

Jackson Owns a Business in a Foreign Country That Is