Which of the Following Is Not an Example of a Political

question 10

Multiple Choice

Which of the following is not an example of a political risk?

• A) Expropriation.
• B) Change in tax law.
• C) An unanticipated depreciation of the foreign currency.
• D) All of the these are examples of political risk.

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Definitions:

Actual Authority

Legal power granted to an agent by a principal, allowing the agent to act on the principal's behalf.

Implied Warranty

An unwritten guarantee that the goods or services being sold meet certain criteria for use as understood by the buyer and seller.

Implied Warranty

A legal assumption that a product will meet basic standards of quality and functionality, even if not expressly stated in a contract.

Ratify

To officially approve or confirm an agreement or treaty, making it formally valid.