Isabella Has Commenced an Action Against a Caribbean-Based Company That

True/False

Isabella has commenced an action against a Caribbean-based company that offered a "guaranteed 17 percent return on all 30-day foreign investments of $20 000 or more." Both the initial investment and interest were to be repaid in the investor's national currency,regardless of the mode of investment.Instead,the company provided Isabella with a certificate of ownership in a sugarcane farm,presumably obtained for less than its stated value.Because Isabella is a Canadian citizen ,she would like the action tried in a Canadian court and,accordingly,must satisfy the real and substantial connection test.Under this approach,Isabella must demonstrate that the effects of the Caribbean company (ie the harms suffered)were experienced in Canada.