Which of the Following Is an Approach That Foreign Companies

question 6

Multiple Choice

Which of the following is an approach that foreign companies in the United States use for avoiding taxes on their revenues?

• A) confiscation
• B) liquidation
• C) expropriation
• D) earnings stripping

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Definitions:

Acceptance

A promise or act on the part of an offeree indicating a willingness to be bound by the terms and conditions contained in an offer. Also, the acknowledgment of the drawee that binds the drawee to the terms of a draft.

Purchase Order

A document issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services.

Title

Legal ownership of property, evidenced by a document or record.

Sale of Goods

A transaction between a buyer and a seller involving the exchange of tangible personal property for payment.