Which of the following is true of a company's agent situated in a foreign country?
A. An agent is not subject to the supervision of its parent company.
B. An agent's authority is equal to that of the parent company.
C. An agent has to be separately incorporated in the foreign country to be considered legal.
D. An agent is not subject to the laws of the parent-nation.
D
You might also like to view...
Some global products are designed to meet the needs of a national market
Indicate whether the statement is true or false
If an analyst expects a firm to generate net income each period exactly equal to required earnings, then the value of the firm will be equal to the ______________________________ of common shareholders' equity
Fill in the blank(s) with correct word
Manufacturing reports the following data for the month:
Journalize the entries relating to materials and labor. Omit explanations.
An organization's mission statement should emphasize its intentions toward customers and the customer experience the organization seeks to create
Indicate whether the statement is true or false