Funds Can Be Moved Out of a Particular Country in Which

question 55

Multiple Choice

Funds can be moved out of a particular country in which a parent country has set up a subsidiary by _____.

• A) setting high transfer prices for the goods supplied
• B) removing royalties imposed on the subsidies
• C) charging a discounted fee on the subsidiary
• D) issuing loans to the subsidiary at discounted rate

---

Definitions:

Attachment

A legal procedure by which a court of law, at the request of a creditor, designates specific property owned by the debtor to be transferred to the creditor or sold for the benefit of the creditor.

Financing Statement

A document filed to give public notice of a secured party's interest in the debtor's personal property.

Charter Business

A company that operates under a charter, offering specified services or engaging in a particular type of business, often subject to special regulations or privileges.

Secured Loan

A loan backed by collateral, providing the lender a right to claim the asset if the borrower defaults on the loan.