When compared to the country of origin principle, the country of reception approach to jurisdiction over internet transactions requires business managers to have more knowledge of the laws of other countries.
<h3>What is the significance of country of origin principle?</h3>
The country of origin principle is an important feature of leading parts of Union law. It is also known as<u> home country control, </u><u>country</u><u> of </u><u>origin</u><u> rule</u>, and <u>country of </u><u>origin</u><u> </u><u>principle</u><u>.</u>
The country of origin principle mainly aims to ensure the effective protection of the public interest in the country of origin.
Basically, the country of origin principle has the main purpose to vest exclusive jurisdiction to regulate in one Member State only.
Learn more about the country of origin principle here:-
brainly.com/question/16529312
#SPJ4
Answer:
The activities of the Federal Reserve Board have the most direct influence on: bank interest rates, monetary policy (interest rates, credit, etc.)
Answer:
the deductible loss on the car is $12,000
Explanation:
The computation of the Jim deductible loss on the car is shown below:
Given that
Car value = $40,000
Insurance recovery = 70%
Now the deductible loss is
= Car value - (car value × insurance recovery)
= $40,000 - ($40,000 × 70%)
= $40,000 - $28,000
= $12,000
hence, the deductible loss on the car is $12,000
