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madam [21]
3 years ago
13

Domestic business differs from international business in that a firm operating within the borders of one country A) must be conc

erned with the foreign environment but not the international environment. B) needs to be concerned solely with the domestic environment. C) cannot survive in a worl
Business
1 answer:
AURORKA [14]3 years ago
5 0

Answer:

The correct answer is : D. is not entirely free from the international and foreign environments.

Explanation:

In a Domestic Business, the economic transaction and all its processes are conducted inside the geographical limits of the country. On the other hand, International business refers to a business that doesn't have a  restriction to a single country. In this case, the trade occurs between two countries internationally.

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In contract law, promissory estoppel refers to a theory that when you make a reasonable promise but later you decide to back down, the other party may sue you in order to force you to fulfill your promise.

This theory has been upheld by the Supreme Court in Cohen v. Cowles Media Co. 501 US 663 (1991). So a reasonable promise will have the same binding effect as a contract.

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When you transition, a brief re-cap of the information that has just been heard is known as:
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<u>yes</u>

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