The ________ Is Where a Company Operates but Is Not

question 45

Multiple Choice

The ________ is where a company operates but is not headquartered.

• A) host country
• B) home country
• C) parental country
• D) third party country

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Definitions:

Legal Tender

The money that is officially recognized by a government as a valid form of payment that must be accepted for debts.

Commodity Money

Money that has intrinsic value, such as gold or silver, which can serve as a medium of exchange, a unit of account, and a store of value.

Fractional Reserve Banking

A financial system where just a small portion of the deposits at a bank is supported by real cash present and accessible for withdrawal.

Fiat Money

Fiat money is currency that a government has declared to be legal tender, despite it not being backed by a physical commodity.