Question

2.Outline two liabilities of a local representative appointed a foreign company. (4 marks)

Answer 1

The liabilities that a company representative has for a foreign company would be:

Responsible for all that has come in from the business side. The local face of the business is responsible for all that a local representative do for a foreign company. Hence the money or quality or even the transactions are the responsibility of the local face to handle in an economy.

Responsible for the transactions of the business in an economy. So if there is something wrong in the supplies like a quality test fail is the responsibility of the Local face of the business to resolve as the legal face based on whom the products are purchased. Hence the liability of transactions too is there for the overall business in the economy where it has been made through them or the way the laws suggest it to be for a face of a multinational in the local markets.