Explain Under What Circumstances It Becomes Necessary for a Multinational

question 68

Essay

Explain under what circumstances it becomes necessary for a multinational company to concentrate internal processes in a few locations.

---

Definitions:

Secondarily Liable

Responsible in a secondary or auxiliary manner, often referring to a party obligated to pay a debt if the primary party defaults.

Fraud In The Factum

A liability defense available to a party who signs a negotiable instrument without knowing that it is a negotiable instrument.

Real Defense

A liability defense that applies universally to all parties.

Drawee

The person or entity upon whom a check or draft is drawn and is responsible for paying the amount specified.