Question
Laws may be inconsistent from one country to another. This can be a hurdle to success during global market trading. Which of the following statements
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Laws may be inconsistent from one country to another. This can be a hurdle to success during global market trading. Which of the following statements about law is true in this case?
A. When conducting global business, a U.S. company must follow the laws of the other country even if doing so contradcits U.S. laws.
B. All businesses, whether in the U.S. or in other countries, must follow the universal system of law that governs global business practices.
C. The universal system of law that currently governs all global business practices came about through the success of the Organization for Economic Cooperation and Development (OECD).
D. U.S. businesses must follow U.S. laws while conducting global business.
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