A Fully Owned Foreign Subsidiary Is a Form of MNC

question 43

Multiple Choice

A fully owned foreign subsidiary is a form of MNC (multinational corporation) in which

• A) a local entrepreneur buys the firm in its own foreign country.
• B) the MNC owns and operates the firm by itself.
• C) the foreign government gives its full cooperation.
• D) none of these options are true.

Identify the conditions under which a promise of employment may be legally enforced.

Understand the concept of a firm offer and its significance in contract law.

Understand the role of self-assessment in personal and professional development.

Recognize and apply strategies for effective goal-setting.

---

Definitions:

Audio And Video

Technologies and devices used to record, transmit, store, process, and playback sound and visual media files.

Vicarious Liability

Holding one person or entity legally responsible for the actions of another, typically an employee or agent.

Principal-Agent Relationship

A relationship in which one party (the agent) is authorized to act on behalf of another (the principal) in conducting transactions with third parties.

Strict Liability

A legal principle where a party is responsible for damages caused by their actions, regardless of negligence or intent.