Scenario: ABC Software
ABC Software is a producer of educational software for small children. The company has operations in Switzerland and would like to expand its foreign production with a new facility in China.
-ABC Software has had difficulty obtaining funds to expand and a friend of the CEO recommends the company explore an offshore financial center, which ________.
A) is a country or territory whose financial sector features very few regulations and few, if any, taxes
B) tends to be characterized by political and economic instability making them cheap, but risky sources of funds
C) typically lends money to companies that have had difficulty getting financing elsewhere because of poor credit records
D) is a financial center located in a resort community that is popular among financiers, and therefore allows companies seeking financing to make lucrative contacts
Correct Answer:
Verified
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