International Business Law
Final Exam - Haley Brown, J.D
Chapters 16-18 Review
Questions and Answers 100%
Pass | Graded A+ |
David Mungai [Date] [Course title]
, International Business Law Final
Exam - Haley Brown, J.D Chapters
16-18 Review Questions and Answers
100% Pass | Graded A+ |
foreign representatives - Answer>> individuals (like employees)
that serve as the foreign representative of a domestic business
and seeks sales abroad for the domestic business
reasons for using foreign representatives - Answer>> - they're
citizens and live in that foreign country
- they have better connections in their home country
- they are aware of that foreign country's culture and social norms
hiring a foreign representative requires us to follow that country's
laws regarding what - Answer>> tax requirements regarding the
foreign representatives
host country - Answer>> the foreign country the domestic
country is doing business in
foreign representatives example - Answer>> -the CEO of
Starbucks wants to open a Starbucks in england
- Starbucks is a US corporation
- the CEO opens a foreign branch of Starbucks in england
- this means england is the host country
when the CEO hires English employees to work in the English
Starbucks, he has hired foreign representatives
permanent establishment - Answer>> - a fixed place of
business in another country
- could make you subject to taxes in those host countries where
you have permanent establishment
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