The Key Element of Political Risk of Greatest Concern for Global

question 37

Multiple Choice

The key element of political risk of greatest concern for global companies is ________.

• A)the cost of transporting materials and goods
• B)unforeseen political change
• C)currency and liquidity problems
• D)letting past political events blind future opportunities

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Definitions:

Compensatory Damages

Financial compensation awarded to a plaintiff to offset losses or injuries incurred due to the defendant's actions or negligence.

Nonbreaching Party

The party in a contract who has not violated the agreement terms.

Express Warranty

A clear, affirmative promise or assurance by a seller about the quality or nature of a product or service.

Oral Promise

A commitment made verbally by one party to another without written documentation.