Which of the Following Is a Disadvantage of Local Requirement

question 12

Multiple Choice

Which of the following is a disadvantage of local requirement laws to foreign companies?

• A) They do not foster local business activity and increase regional and national unemployment.
• B) They make it necessary for the government to resort to expropriation and confiscation.
• C) The companies are forced to bring in raw material and workers from their own countries.
• D) Companies required to hire local personnel might be forced to take on inadequately trained workers.

---

Definitions:

Acreage

The measurement of land area in acres, often used in real estate and land management.

Essential Terms

Key conditions and provisions in a contract that are fundamental to the agreement's objectives and enforceability.

Contract

A legally binding agreement between two or more parties that outlines the terms and conditions of a particular arrangement or action.

E-commerce

Electronic commerce involves buying and selling goods and services over the internet, utilizing digital platforms and transactions.