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A USEnterprise That Wishes to Establish an Entity Abroad Under Its

question 74

Multiple Choice

A U.S.enterprise that wishes to establish an entity abroad under its control may create a subsidiary or branch:
I.Once either of these is established,the company may waive Rights of Protection under the U.S.bilateral investment protection agreements.
II.If the company chooses a subsidiary,it will not be directly answerable for liability.


Definitions:

Debtor

An individual or organization that owes money to another party.

Trustee in Bankruptcy

An individual or corporation appointed in a bankruptcy case to represent the interests of the creditors, manage the debtor's estate, and distribute assets accordingly.

Bankruptcy Proceedings

A legal process through which individuals or businesses unable to meet their debts can seek relief from some or all of their liabilities.

Transactions

The action of conducting business, trade, or an exchange between two or more parties.

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