________ Occurs If Ownership of a Property or Assets of a Company

question 60

Multiple Choice

________ occurs if ownership of a property or assets of a company is transferred to the host government.

• A) Internalization
• B) Nationalization
• C) Deportation
• D) Deracination

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Definitions:

Mirror-Image Rule

A principle which holds that the terms of an acceptance must mirror the terms of the offer. If the terms of the acceptance do not mirror the terms of the offer, no contract is formed and the attempted acceptance is a counteroffer.

Acceptance

In contract law, it is the expression of assent to the terms of an offer in such manner as requested or authorized by the offeror.

Terms

Stipulations or conditions specified in a contract or agreement.

Common Law

A body of unwritten laws based on legal precedents established by the courts, influencing the decision-making in novel cases.