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Essay Multiple Choice

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All Jurisprudence based

0 tracked cards Commercial and Taxation Laws

A foreign investor merely holds shares in a duly registered domestic corporation and exercises rights as such investor. No separate local business conduct is established. Does that alone constitute doing business under the FIA proviso?

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Yes, even one share opens a branch automatically. Yes, all investor rights are prohibited. Yes, the domestic corporation necessarily loses its separate personality. No; mere investment and exercise of investor rights are expressly excluded.

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