Explain the act of state doctrine
What will be an ideal response?
The act of state doctrine is a rule that restrains municipal courts in some countries from exercising jurisdiction over foreign states. This rule is most developed in the United States, where it is based on the U.S. constitutional requirement of separation of powers. That is, because the U.S. Constitution assigns to the executive branch of the government responsibility for the conduct of foreign affairs, the courts must decline to hear cases that might adversely affect the executive's conduct of those affairs.
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Toyota and Honda are two examples of companies that exhibit key characteristics of transnationality
Indicate whether the statement is true or false
Savannah is a warm and likeable manager who is extremely supportive of her employees, but she sometimes doesn't say no when she needs to and is somewhat passive in enforcing her decisions. Her decision-making style is most likely
A. analytical. B. heuristic. C. behavioral. D. conceptual. E. directive.
Sometimes a breach occurs before the performance date of a contract. What is this type of breach called?
Find the Modified Internal Rate of Return (MIRR) for the following annual series of cash flows, given a discount rate of 10.50%: Year 0: -$75,000; Year 1: $15,000; Year 2: $16,000; Year 3: $17,000; Year 4: $17,500; and, Year 5: $18,000
A) About 6.35% B) About 6.88% C) About 7.35% D) About 7.88%