Hearings are required in all federal rule proposals. Indicate ...

[storky111]

Hearings are required in all federal rule proposals.
  Indicate whether the statement is true or false

Question 2

PepsiCo entered into an agreement with the Indian government to provide training in farming techniques and return 40 percent of its profits from Indian operations to the government in order to obtain the right to do business in India. Describe all of the laws and principles of international law involved in this agreement.

[Bigfoot1984]

Answer to Question 1

FALSE

Answer to Question 2

The Indian government is engaged in expropriation, but it is done in an up-front matter. That is, the U.S. company has agreed to these conditions as a means of obtaining the right to do business in India. In addition PepsiCo is trying to exercise social responsibility for the right to enter the country by agreeing to help with the advancement of farming and crops.
The contract would be governed by Indian law and would be enforced by the courts of India. However, there is substantial risk associated with such agreements because to the extent there is a change in political power, there could be changes in the agreement, including a change in the profit split.