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
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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