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Multinational Corporations Maintain Significant Operations in or More Countries, but Are

question 118

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Multinational corporations maintain significant operations in or more countries, but are based in ____________home country/countries.


Definitions:

Drawer

In the context of banking, the person who writes or issues a check or draft instructing the drawee to pay someone else.

Drawee

The party upon whom a cheque or draft is drawn, and who is expected to pay the amount specified to the payee.

Payee

The individual or entity to whom a cheque or electronic payment is made payable.

Negotiability

The characteristic of a document, typically a financial instrument, that allows it to be transferred or assigned from one party to another as a form of payment or investment.

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