question archive Offshore financial locations have to be placed in a category of their own because of paramount importance are factors such as anonymity, confidentiality, and control

Offshore financial locations have to be placed in a category of their own because of paramount importance are factors such as anonymity, confidentiality, and control

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Offshore financial locations have to be placed in a category of their own because of paramount importance are factors such as anonymity, confidentiality, and control. The offshore world has the power to possess legislative barriers such as:

a.limiting the recognition of foreign judgments

b.having strict limitation periods within which to bring actions

c.increased confidentiality laws and providing specific vehicles to defeat creditors

d.A, B and C

e.B and C 

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Option d is the correct answer.