Which of the following allows a government expropriating foreign-owned private property to claim that the jurisdiction of courts in the owner's country do not apply to it because it is a government rather than a private-sector entity?

A) bilateral investment treaty
B) act-of-state doctrine
C) sovereign immunity doctrine
D) joint venture

C

Business

You might also like to view...

Coca-Cola decides to expand their operations and build a manufacturing plant in Mexico. In this scenario, Mexico would be referred to as the ______________ country.

a. third b. home c. first d. host

Business

Tolerable misstatement (also known as performance materiality) is:

a. materiality for the balance sheet as a whole b. materiality allocated to an assertion c. materiality for the income statement as a whole d. materiality allocated to a specific account

Business