The existence of the rule of law in a foreign market suggests that:
A) lawyers will be necessary in any substantive business transaction.
B) personal relationships will be less effective than in a country governed outside the rule-of-law system.
C) none of A, B, D, orE
D) legal rulings will be the basis of any dispute resolution.
E) foreign investors can assume that their interests will be protected.
Correct Answer:
Verified
Q43: Laws governing transactions of individuals and companies
Q44: Legal uncertainties have affected international business, and:
A)
Q45: U.S. accounting practice is guided by the
Q46: Incoterms attempt to standardize shipping agreements, and
Q47: Extraterritoriality is:
A) a nation's attempt to enforce
Q49: Incoterms include:
A) FAS and DAF.
B) CFR and
Q50: Where litigation in international disputes should occur
Q51: Many U.S. laws affect activities of international
Q52: Enforcing contracts that cross international borders is:
A)
Q53: Arbitration is often preferred because it is:
A)
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