MNCs Operating in Developing Countries Should Ensure That Their Activities

question 52

Multiple Choice

MNCs operating in developing countries should ensure that their activities ________.

• A) do no intentional harm to the host country
• B) alter the economic system of the host country
• C) improve the existing culture of the host country
• D) all of the above

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Definitions:

Enforceable Contract

A legal agreement that is valid and can be upheld in court.

Negotiable Instruments

Financial instruments that are transferable from one party to another, typically including checks, promissory notes, and bills of exchange.

Checks

Checks are written, dated, and signed instruments that direct a bank to pay a specific amount of money from the writer's account to the person or entity in whose name the check has been issued.

Drafts

Written orders by one party (the drawer) to another (the drawee) to pay a specific amount of money to a third party (the payee) on demand or at a specified future date.