Examlex
Which of the following strategies can be effective in forestalling or minimizing the effect of a total takeover of a multinational corporation's holdings by a foreign government?
Bankruptcy
The legal process by which the assets of a debtor are sold to pay off creditors so that the debtor can make a fresh start financially.
Operation Of Law Authority
Legal changes or transfers that occur automatically because of established laws, without the need for action by individuals.
Apparent Authority
The appearance or assumption of authority based on the actions or statements of the principal, leading others to believe someone has the authority to act on behalf of the principal.
Express Authority
The explicitly given power or permission to act on behalf of another party, particularly in a legal or business context.
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