Answered

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If a Canadian firm that has assets only in Canada is sued in a foreign court, can the Canadian firm safely ignore the threatened lawsuit as it will not be possible to enforce the foreign judgment against the Canadian assets?

A. True
B. False

Sagot :

GinnyAnsweridn

Final answer:

A Canadian firm with assets only in Canada cannot safely ignore a lawsuit from a foreign court.


Explanation:

False. A Canadian firm with assets only in Canada cannot safely ignore a lawsuit from a foreign court. While it may be challenging to enforce a foreign judgment against Canadian assets, it is not impossible. Through various legal mechanisms and international agreements, foreign judgments can sometimes be enforced in Canada, posing a potential risk to the Canadian firm.


Learn more about enforcement of foreign judgments here:

https://brainly.com/question/38144148


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