Which of the Following Will Be Included as a Unilateral

question 59

Multiple Choice

Which of the following will be included as a unilateral transfer in the balance of payments account of a country?

• A) Transportation costs involved in traveling from a foreign country to the domestic country
• B) A foreign worker in the domestic country sending money to his home country
• C) Compensation earned by foreign workers in the domestic country
• D) Royalties paid to residents working in a foreign country
• E) Income paid on foreign-owned investments in the domestic country

---

Definitions:

Unlimited Liability

A legal structure in which owners are personally responsible for all of the company's debts and liabilities without limit.

Limited Liability

A legal structure where a company's owners are protected from personal liability for the company's debts or liabilities.

Limited Liability

Refers to a legal structure where a company's owners are not personally liable for the company's debts or liabilities.

Sole Proprietorship

A business owned and operated by a single individual, where there is no legal distinction between the owner and the business entity.