____,Especially a Few Hundred of the Largest Headquartered in Developed

question 12

Multiple Choice

____,especially a few hundred of the largest headquartered in developed nations,are the central forces of current economic globalization.

• A) Transnational corporations
• B) Multinational corporations
• C) Micro-multinationals
• D) International corporations

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Definitions:

Breach of Contract

The failure to fulfill one's obligations as agreed upon in a contract, allowing for legal action by the aggrieved party.

Primary Benefit Test

A legal doctrine used to determine who is the primary beneficiary of a service or transaction, often influencing the decision on liability or responsibility under the law.

Privity of Contract

The relationship that exists between the parties involved in a contract, allowing them to sue each other but preventing any third party from doing so.

Fraud

involves deliberate deception to secure unfair or unlawful gain, or to deprive a victim of a legal right.