Which of the Following Is True of a Company's Agent

question 7

Multiple Choice

Which of the following is true of a company's agent situated in a foreign country?

• A) An agent is not subject to the supervision of its parent company.
• B) An agent's authority is equal to that of the parent company.
• C) An agent has to be separately incorporated in the foreign country to be considered legal.
• D) An agent is not subject to the laws of the parent-nation.

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Definitions:

Copyrights

Legal protections granted to creators of original works of authorship, allowing them the exclusive right to use, reproduce, and distribute their work.

Bankruptcy

A legal proceeding involving a person or business that is unable to repay outstanding debts.

Federal Statute

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