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Question
ABC Software has had difficulty obtaining funds to expand. A friend of the CEO recommends that the company should explore an offshore financial center, which ________.A) is a country or territory whose financial sector features very few regulations and few, if any, taxes
B) tends to be characterized by political and economic instability making, it is an inexpensive but risky source of funds
C) typically lends money to companies that have had difficulty getting financing elsewhere because of poor credit records
D) is a financial center located in a resort community and is characterized by poor telecommunications infrastructure
Answer
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