Governments Want to Be Able to Control and Regulate the Flow

question 7

True/False

Governments want to be able to control and regulate the flow of FDI, so that local political and economic concerns are addressed.

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Definitions:

Consideration

Something of value that is exchanged between parties as part of a contract, making the agreement legally binding.

Consideration

Something of value exchanged between parties in a contract, making the agreement legally binding.

Quantum Meruit

A legal principle that means "as much as he deserves," used to determine fair compensation for services rendered without a specific contract.

Estoppel

A legal principle that prevents a person from arguing something contrary to a claim or a statement they have previously made and on which another party has relied.