The ________ Holds That a State Has to Respond to a Suit

question 54

Multiple Choice

The ________ holds that a state has to respond to a suit brought against it before the ICJ only to the extent to which the state bringing the suit has also accepted the jurisdiction of this court.

• A) vested rights doctrine
• B) rule of reciprocity
• C) public trust doctrine
• D) choice of law clause

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Definitions:

Debt-Equity

A financial figure indicating the comparative use of shareholders' equity and debt in asset finance.

All Equity

Pertains to the total shareholder equity in a company, encompassing all issued equity capital, including common and preferred shares, retained earnings, and additional paid-in capital.

Interest Rate

The cost incurred by a borrower from a lender for accessing assets, denoted as a percentage of the principal sum.

Unlevered Cost

Unlevered Cost typically refers to the cost of an investment or project without taking into account the effects of debt financing, showing the cost purely from an equity perspective.