For Global Corporations with Facilities in a Foreign Country,the Devaluation

question 72

Multiple Choice

For global corporations with facilities in a foreign country,the devaluation of that country's currency frequently results in ______.

• A)lower revenues and profits
• B)decline in product demand
• C)loss of market share
• D)increase in lead time

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Definitions:

But-For Causation

A principle in law that determines causality by asking whether the harm would not have occurred but for the defendant's actions.

Strict Liability

Legal responsibility placed on an individual for the results of his actions irrespective of whether he was culpable or at fault.

Breached A Duty

Occurs when an individual or entity fails to fulfill their obligations or duties as required by law or contract.

Plaintiff

An individual or party who initiates a lawsuit or legal action against another party in a court of law.