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

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.

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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. TrueB. False

Answer :

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Explanation:

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Other Questions

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