When a situation exists in which two corporations have headquarters in two different countries and each makes a loan of equivalent value to the subsidiary of the other company that operates in its country, we say ________ exists

A) a lagging accounts receivable payment
B) a parallel loan
C) the right of offset
D) a back-to-back loan

Answer: B

Business

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A contract in which the seller agrees to sell all of its production to a single buyer is known as an "output contract."

a. true b. false

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The most global markets are not markets for _________________, where national differences in tastes and preferences are still often important enough to act as a break on globalization

Fill in the blank(s) with the appropriate word(s).

Business