The term international company refers to both global and multidomestic companies.

Valid, enforceable contracts must contain consideration, which is defined as

a. something of measurable value that must be exchanged by the parties involved. b. wording that is kind and unobjectionable to the parties involved. c. the requirement that those entering into the contract must be of legal age and mentally competent. d. the requirement that the contract must be for a product or service that may be legally sold.

A directors' and officers' liability insurance helps an organization sue its directors and officers in case of personal negligence

Indicate whether the statement is true or false