Assume a U

question 30

Multiple Choice

Assume a U.S.-based subsidiary wants to raise $1,000,000 by issuing a bond denominated in Pakistani rupees (PKR) . The current exchange rate of the rupee is $.02. Thus, the MNC needs ____ rupees to obtain the $1,000,000 needed.

• A) 50,000,000
• B) 20,000
• C) 1,000,000
• D) none of the above

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Definitions:

Battery

An intentional unconsented physical act that results in harmful or offensive contact with another person's body.

Civil Tort Action

A lawsuit brought by one individual against another or a corporation for compensation due to harm caused by negligence or intentional acts.

Double Jeopardy

A constitutional protection against being tried for the same crime twice.

Defamation

The act of damaging someone's reputation through false or malicious statements, either spoken (slander) or written (libel).