Foreign Subsidiaries Must Obey the Local Laws

question 29

Multiple Choice

Foreign subsidiaries must obey the local laws.If they don't,they are subject to

• A)legal action by the host country.
• B)legal action by the host country and the country of the parent company.
• C)seizure by the host government.
• D)cancellation by the parent company of its right to do business in the host country.
• E)legal action or government seizure.

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Definitions:

Interactions

Interactions are the reciprocal actions or influences that people or things have on one another, often leading to new outcomes or understandings within social contexts.

Georg Wilhelm Friedrich Hegel

A German philosopher of the late Enlightenment period whose dialectical method emphasized the progression of thesis, antithesis, and synthesis.

Karl Marx

A 19th-century philosopher, economist, and political theorist known for his critique of capitalism and his influence on the development of socialist thought.

Friedrich Engels

A 19th-century German philosopher, social scientist, and co-author with Karl Marx of various works, including "The Communist Manifesto," known for his contributions to Marxist theory.