An Example of _____________ Is When India Changed Laws in the 1970s

question 38

Multiple Choice

An example of _____________ is when India changed laws in the 1970s and caused several foreign MNEs to leave.

• A) ownership risk
• B) transfer risk
• C) title risk
• D) none of the above

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Definitions:

Supermajority Requirement

A rule that requires a higher than simple majority vote, often used in legislative bodies or for corporate decisions.

Revised Act

Legislation that has been updated or amended to incorporate new information, correct errors, or reflect changes in policy.

Management Structure

The hierarchy of authority and responsibility in an organization that determines how decisions are made and how tasks are allocated and executed.

Closely Held Corporation

A corporation with a limited number of shareholders, often characterized by close family or associate relationships.