Which of the Following Is an Advantage of Conducting Foreign

question 13

Multiple Choice

Which of the following is an advantage of conducting foreign operations through a branch?

• A)Foreign branch losses can offset domestic income.
• B)Foreign branch income is taxed at a lower rate than domestic income.
• C)The parent's assets are protected from foreign branch creditors.
• D)Foreign branch income is taxed by both the United States and the host country.

---

Definitions:

James II

King of England and Ireland, and James VII of Scotland, who ruled from 1685 until he was deposed in the Glorious Revolution of 1688.

Inter-Colonial Militia

Armed forces composed of volunteers from different colonies, created for mutual defense and protection during the early colonial period in North America.

King William's War

The North American conflict (1689-1697) between France and England that was part of the larger Nine Years' War.

Iroquois

A historically powerful northeast Native American confederacy known for its political and organizational skills, as well as its influential role in American and Canadian history.