UniOil, a U.S. firm, owns property in Nicaragua. When the government of Nicaragua seizes the property, UniOil asks a U.S. court to order the property's return. The court rules that Nicaragua is exempt from the court's jurisdiction. This is
A) a travesty of justice
B) theact of state doctrine.
C) thedoctrine of sovereign immunity.
D) theprinciple of comity.
C
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Which of the following is not included under the heading "Capital and reserves" for IFRS financial statements?
A) ?Accumulated net profits or losses B) ?Cumlulative currency translation adjustments C) ?Upward revaluations of land and buildings D) ?Allowance for uncollectible accounts
A college registrar's office requires you to first visit with one of three advisors and then with one of two financial professionals. This system is best described as which of the following?
A) single-server, single-phase system B) single-server, multiphase system C) multiple-server, single-phase system D) multiple-server, multiphase system E) multiple-server, cross-phase system
VoIP stands for ________
A) Virtual Over Infrastructure Protocol B) Voice-over-Internet Protocol C) Virtual On Internet Procedure D) Virtual or Internet POP
Appraisal Rights. Travelers Corp announced that it would merge with Primerica Corp At a special shareholders' meeting, a vote of the Travelers shareholders revealed that 95 percent approved of the merger. Robert Brandt and other shareholders who did not
approve of the merger sued Travelers and others, complaining that the defendants had not obtained "the highest possible price for shareholders." Travelers asked the court to dismiss the suit, contending that Brandt and the others had, as a remedy for their complaint, their statutory appraisal rights. On what basis might the court dismiss the suit? Discuss.