Each of the following statements concerns country risk. Which one of them is tru

Question

Each of the following statements concerns country risk. Which one of them is true?

a. Country risk remains constant over time and across nations

b. The intensity of culture risk seldom varies

c. Country risk is a severe problem in poor nations but doesn’t exist in rich nations

d. Country risk is present in all nations

Socialist ideology is collectivist in nature, one which assumes that the welfare of talented individuals is more important than the collective welfare of nation’s people.

a. True

b. False

Of these legal systems, which one is based on past legal practices and precedents set by the country’s courts through processes of interpreting past ruling, legislation, and statuses?

a. Common

b. Religious

c. Historical

d. Civil

If firms are responsible for injury, damage and or even loss of life caused by defective products then manufacture, then can face lawsuits and penalties as a result.

a. True

b. False

Explanation / Answer

Q1) The true statement is d. Country risk is present in all nations

Q2) Answer is b. False

Socialist ideology assumes that the collective welfare of the nation's people is more important than the welfare of individuals.

Q3) Answer is a. Common law

Common law considers precedents when judging a case.

Q4) Anwer is a.True

Manufacturer is responsible for any physical damage or injury resulting from defective products manufacture which can resuts in lawsuits and penalties.

Related Questions

Navigate

• Browse (All)
• Browse E
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.