ABC Corp, a U

question 37

Multiple Choice

ABC Corp., a U.S.-based company, is signing a business deal with Syphed Inc., a company based in the country of Yanghor. The base currency for the deal is the U.S. dollar. The counter currency for the transactions between the two companies is Yang, the official currency of Yanghor. To be able to conduct business in Yanghor, ABC Corp. should identify how much of U.S. dollars will be required to buy an equivalent amount of purchasing power in Yang. In short, ABC Corp. needs to identify the _____ of the currency of Yanghor.

• A) equity value
• B) capital share
• C) exchange rate
• D) dividend

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Definitions:

Enforce Promises

The legal ability to ensure that agreements or commitments are carried out, often through contract law.

Adequacy Of Consideration

Evaluation of whether the value exchanged in a contract is fair and sufficient, although the law often requires only some value to be exchanged.

Electronic Commerce Legislation

Laws and regulations that govern online business transactions.

Internet Transactions

Deals or agreements made or executed over the internet involving goods, services, or digital products.