Use the Following Information to Answer the Following Question(s)

question 20

Multiple Choice

Use the following information to answer the following question(s) .

-Assume that your firm must pay 10 000,000 rupees to an Indian firm.How much will you have to pay in US dollars?

• A)$1 467 780
• B)$146 800
• C)$681 301
• D)$46 130

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Definitions:

Legal Remedies

Measures granted by the court to enforce a right, compensate for an injury, or rectify a wrong. This includes damages, injunctions, and specific performance.

Electronic Note

A digital form of a promissory note or loan agreement, legally binding and used in financial transactions.

Negotiable Instrument

A documented promise to pay a certain sum of money, either when asked for or at a predetermined date.

Uniform Electronic Transactions Act

A legal framework adopted by some states that equates electronic signatures and records with paper ones, facilitating e-commerce and digital contracts.