Which Term Refers to Two or More Companies That Share

question 40

Multiple Choice

Which term refers to two or more companies that share ownership of an FDI?

• A)turnkey operation
• B)transnational firm
• C)joint venture
• D)franchise

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Definitions:

Civil Law

A legal system based on written codes and statutes, as opposed to common law, which is primarily based on judicial decisions.

Federal And State Laws

Legal provisions enacted by the federal or state governments which regulate employment practices, worker rights, and business operations within their jurisdiction.

Administrative Law

The body of law that governs the activities of administrative agencies of government, including rulemaking, adjudication, or enforcement of a regulatory agenda.

Executive Orders

Directives issued by the President of the United States, or by the leader of a state or organization, that have the force of law and are used to manage operations and policies.