If an American-Based Firm Opens and Operates a New Watch

question 227

Multiple Choice

If an American-based firm opens and operates a new watch factory in Panama, then it is engaging in

• A)foreign portfolio investment.
• B)foreign financial investment.
• C)foreign direct investment.
• D)indirect foreign investment.

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Definitions:

Uniform Electronic Transactions Act

Legislation that provides legal validity to electronic contracts and signatures, enabling electronic commerce.

Reasonable Means

Utilizing practical and rational methods or measures when performing tasks or solving problems, aiming for effectiveness with efficiency.

Mode of Communication

The method or process by which information is conveyed between individuals or groups, such as verbal, written, or non-verbal communication.

Mailbox Rule

is a legal principle that an offer, acceptance, or any other form of legal communication is considered effective once it is dispatched, not when it is received.