The U.S. and the government of Mystic broke off diplomatic relations in a dispute over fishing rights. The U.S. blocked exports to Mystic. Mystic in turn seized and expropriated the assets of several U.S. companies located within the country. One of the
companies, Continental Coffee, sued the U.S. government and the government of Mystic charging violation of the U.S. Constitution on the grounds of deprivation of property without due process of law. How will the company fare in its case against the U.S.? against Mystic? Explain your answer in detail, providing reasons for your decision.
Continental Coffee does not have a case against the U.S. or Mystic. The U.S. did not expropriate Continental's assets, although U.S. conduct may have triggered expropriation action by Mystic. The Act of State doctrine, which prohibits a nation's judicial branch from questioning the validity of the actions a foreign government takes within its own borders, will prevent Continental's recovery from Mystic in U.S. courts. Continental will have to deal with the courts in Mystic or negotiate with the government of Mystic directly.
You might also like to view...
Generalized audit software packages perform all of the following tasks except
a. recalculate data fields b. compare files and identify differences c. stratify statistical samples d. analyze results and form opinions
When a company establishes an outstanding reputation and has a competitive advantage because of it, the company should record goodwill on its financial statements
Indicate whether the statement is true or false
When the sales price per unit decreases, the contribution margin per unit ________
A) increases proportionately B) increases C) remains the same D) decreases
?A strategic business unit is not self-supporting in terms of sales, markets, production, and other resources.
Answer the following statement true (T) or false (F)