In Doing Business in Foreign Countries, Financing Operations in the Local

question 136

True/False

In doing business in foreign countries, financing operations in the local market not only improves the company's business ties to the host community but also minimizes exchange rate risk.

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Definitions:

Civil Law

Civil law is a legal system that deals with disputes between private parties, and includes laws such as contracts, torts, and property, distinguishing it from criminal law.

Legal Realism

The school of jurisprudence which dictates that context must be considered as well as law. Context includes factors such as economic conditions and social conditions.

Public Law

Laws that concern relationships between individuals and the government, including constitutional, administrative, and criminal laws.

Civil Law

Civil law is a legal system originating in Europe, intellectualized within the framework of Roman law, and comprising a comprehensive set of legal codes that govern private law matters.