An American manufacturer has been asked to provide construction equipment to a foreign government. The contract is for a sizable amount, so the manufacturer wants to protect itself should the foreign government refuse to pay for the equipment once it has been delivered. What should the American manufacturer insist upon having if it wants to protect its right to sue the government in the event it does not pay for the goods?

A. a release of sovereignty
B. a statement of extraterritoriality
C. a waiver of immunity
D. a submission of arbitration to the ICA


Answer: C

Business

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