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In theory multinational firms are in a better position than domestic firms to support higher debt ratios. Provide an argument as to why this could be true and discuss the empirical research findings about U.S.-based MNEs.
Specific Performance
A legal remedy whereby a court orders the breaching party in a contract to perform their promised obligations rather than simply providing monetary compensation for failure to perform.
Breach
The violation or interruption of a law, obligation, standard, or agreement.
Commercial Building
A structure designed for business activities, which can include offices, retail shops, warehouses, or other premises used for commercial purposes.
Quasi Contract
An obligation imposed by law to prevent unjust enrichment, treating the parties as if a contract exists, even though one does not.
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