The Alien Tort Statute: Multiple Choice allows foreign sovereigns to be immune from suit in the United States. allows workers of foreign companies to sue U. S. companies due to tort liability. allows companies to sue illegal aliens who fake citizenship or work eligibility. allows the U. S. government to sue U. S. companies on foreign soil for tort liability. allows aliens to sue for torts committed in violation of the law of nations or U. S. treaties.

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Carey company is borrowing $225,000 for one year at 9.5 percent from second intrastate bank. the bank requires a 15 percent compensating balance. the principal refers to funds the firm can effectively utilize (amount borrowed − compensating balance). a. what is the effective rate of interest? (use a 360-day year. input your answer as a percent rounded to 2 decimal places.) b. what would the effective rate be if carey were required to make 12 equal monthly payments to retire the loan?